IsabellaG
Expert Alumni

Deductions & credits

No, that worksheet is for the sale of your main home, and the exclusion of gain on the sale is not available for a sale of a second home. 

We really don't recommend working directly in the forms in TurboTax. You should enter the sale in the Wages and Income section, under Investment Income, for Stocks,Mutual Funds, Bonds, Other

You'll say that you did sell investments, but you didn't receive a 1099-B.

On the next screen, Choose the type of investment, select second home, and continue to enter the second home sale information.

I've included screenshots to show you where to enter this.

The forms that will be created will be: 1099-B Worksheet, Capital Gains Worksheet and Schedule D.

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