- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
It depends. During the six months you lived in the home, did you have another 'main home'? If so, your stay would not qualify you for an exclusion. It would be considered that you took an extended vacation at your second home. Your parents stays there would not count, only yours as the taxpayer/owner, as a main home during that time.
If this was your 'main home' for the six month stay, to see if you qualify for any exclusion of capital gain on the sale, go to Deductions & Credits > Less Common Income > Sale of Home, and step through the interview questions.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 29, 2025
5:13 PM