Yes, you can use TurboTax if you sell and/or if you buy a home. DoninGa is quite right about filing married filing jointly and the exemptions if you lived in the house two of the last five years.
You will report the sale of the home in the federal portion of the return, in Wages and Income, from the left menu.
- Scroll down to Less Common Income and click on Show More
- Click on Start or Revisit for Sale of Home (gain or loss)
You do not have to report the purchase of a home unless you are itemizing your deduction and then can enter the mortgage interest and any points in the Deductions and Credits section, on the left menu. Scroll down to Your Home and click on Show More. You can enter mortgage interest and real estate taxes for both homes there.
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