rjs
Level 15
Level 15

Deductions & credits

You may qualify for a partial exclusion of gain if you sell your home because of a change in workplace location. It doesn't matter whether the relocation is voluntary or forced. The distance from the home that you sold to your new work location has to be at least 50 miles more than the distance from the home that you sold to your old work location. For all the requirements for the exclusion of gain, see IRS Publication 523, Selling Your Home. TurboTax will ask you questions to determine whether you qualify for the exclusion of gain, and if so, how much you can exclude.