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Deductions & credits
LOL i've spent like 6 hours trying to figure this out. Still not sure what the right thing to do is, and all I did was a simple buy and sell in 2021. Bought a new (primary) house in June and sold my old (primary) house in August. Definitely not using TT next year if this isn't resolved. How many ppl have submitted taxes and not caught this??!
That said - the IRS Pub should probably have verbiage on what to do when you buy/sell in the same year...but alas government
March 16, 2022
11:04 PM