@stephaniej620 wrote:
The house was sold February 2023. The remaining $1,500 homebuyer credit was included on my 2022 return (I used a CPA and that's how they did it).
When I go to the IRS homebuyer credit look up site it says:
- Original credit amount: $0
- Annual re-payment amount: $0
- Total amount paid $500
- Total balance left to be paid: $-,500 (that's how it's shown)
The sell of the house did not qualify as a capital gain.
Your CPA was wrong. If the sale occurred in 2023, it should have been reported on your 2023 return. I also can't tell why the IRS shows a payment of $500 not $1500, and whether the minus sign is normal or abnormal. For 2023, there is probably no way to fix this to allow you to e-file this year, you will have to print and mail your return. I suggest you get the CPA to fix their mistake (for free). Or you can try calling the Taxpayer Advocate Service.
