Deductions & credits

@vgangwer1 

form 5405 can only be included on your tax return if you sold or moved out of your home in 2020. If you are still living in the home, you don’t need the form, you simply include the payment on your tax return on schedule 2, line 7B. TurboTax will do this for you if you answer the interview questions correctly.

 

If you moved out of your home prior to 2020, you can’t include form 5405 on this year‘s tax return. You must report the move and include form 5405 on the tax return for the year you sold or moved out.