In general, the sale of your home and the purchase of another are not reported on your tax return.
If this was your primary residence for two of the last five years and you haven't sold a home in the last two years, the sale of your home may not be taxable or
reportable.
Read more about this below:
https://ttlc.intuit.com/replies/3300213
As you may know, homeowners receive special tax breaks, which you may claim for both homes. These are entered under Federal Taxes >> Deductions &
Credits >> Your Home.
Here are the most
common tax breaks available for homeowners:
https://ttlc.intuit.com/replies/4848471
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