To report the sale of
a primary personal residence -
- Click on Federal Taxes
(Personal using Home and Business)
- Click on Wages and Income
(Personal Income using Home and Business)
- Click on I'll choose what I
work on (if shown)
- Scroll down to Less Common Income
- On Sale of Home (gain or loss),
click the start or update button
And if you took the depreciation as required on the Sch E then you will need to recapture it ... watch for that question in the interview.
