Vanessa A
Expert Alumni

Deductions & credits

Yes.  If you sold a house, even if you sold it at a loss, it is best to report it on your return.  You need the "paper trail" and to tell them that it was at a loss.

 

To enter the Sale of a Home select the following:

  1. Federal
  2. Income
  3. Sale of Home under Less Common Income

 

 

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