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Where do I report recaptured depreciation on the sale of my main home?
In 2018 I sold my main home. During the period when I owned the home, there were 2 yrs when I lived elsewhere, rented it out and took a depreciation deduction. I know I need to recapture the depreciation but I do not know where to report it.
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June 1, 2019
2:55 PM
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Deductions & credits
Please follow the instructions below on how to enter the sale and enter the depreciation taken:
- Click "Personal Income" on the top
- Click "I'll choose what to work on"
- Scroll down to “Less Common Income” and click "Start" next to "Sale of Home”
- Answer "Yes" to the question "Did you sell or have your home foreclosed in 2018?"
- Answer questions until you get to the question “Depreciation after May 6, 1997”
- Enter the Depreciation Taken
- TurboTax will calculate the taxable gain.
June 1, 2019
2:55 PM