tassluis2
New Member

Deductions & credits

CatinaT1, thank you for your thorough reply. Is was a personal residence that we lived in continuously for 5 years. No our gain on the sale was not over the threshold---it was under $250,000. Because the $35,000+ we paid in costs to sell it seems a shame to not be able to include this in our deductions this year. It would put us over the standard deduction so it seems like w should itemize but Turbo Tax is not user friendly in this respect