PatriciaV
Employee Tax Expert

Deductions & credits

The taxable gain from the sale of your home flows from the Home Sale Worksheet to Schedule D Line 19 then to Form 1040 Line 7a. You may wish to review these pages of your return to see if you had adjustments that eliminated the gain.

 

The installment sale question appears at the end of the Home Sale interview. Work through the steps until you see Exclusion of gain. The next page asks if you plan to sell another home in the future, and the next asks about an Installment sale, where you can check the "no" box.

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