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Investors & landlords
It depends. If you first entered information in the Sale of Home section you needed to remove or delete that information before entering the sale information in the rental activity. Once that was complete you would proceed as directed by entering the sale in the Rental activity.
If you completed the steps in this way, then your return will be accurately reflected for taxable gain and home sale exclusion.
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March 30, 2022
5:58 AM