AmyC
Employee Tax Expert

Business & farm

Actually, for the Turbo Tax program you will enter it as the sale of main home and it will ask Did you use this home for anything other than primary home? Then you will fill in the information and the program will move it to all the right places. Follow these steps:

 

  1. Go to the Federal Income section
  2. Scroll down to Less Common Income
  3. Sale of Home start/ edit
  4. Sell home, yes
  5. continue
  6. address
  7. continue
  8. sales information
  9. continue
  10. purchase information
  11. continue
  12. Time in home
  13. Yes
  14. Did you use this home for anything other than primary home?
  15. Yes
  16. # days
  17. Sell another home?
  18. Depreciation? YES
  19. Enter depreciation - regular and AMT
  20. continue
  21. Spouse died?
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