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Tax help for military filers
Where (or how) in the turbo tax software can we enter information about the sale of our home that was used as a rental property for the last 7.5 years but that is eligible for the “military extension” of the capital gains exclusion? (We lived in the home for more than 2.5 of the past 10 consecutive years and were away from the home only while under travel orders.) Do we enter the sale and claim the military extension under the “sale of RENTAL property” section? If not, can you provide us with clear instructions on how to do this using your software? Thank you.
March 8, 2021
12:17 PM