Tax benefit from using house sale proceeds to buy new house can save on Capital Gains tax?

[ATao]

I paid a huge amount of Capital Gains Tax last year from selling my primary residence property in November 2022, and then bought a new house (my new primary residence) in November 2023.  I read this is a "1031 Exchange" (a tax break for when you use your proceeds of your house sale for another one in-like condition),  but I didn't do this last year.  Can I still get a tax break, such as partial reimbursement of the Capital Gains Tax paid?  I applied ALL of the proceeds of my house sale (plus more) to this new house.

[xmasbaby0]

Since 1997, it has not been possible to avoid capital gain tax by using the proceeds of the sale of the old house to buy a new house.

SALE OF HOUSE

If your gain was more than  $250,000 filing Single, or more than $500,000 filing Married Filing Jointly the sale must be reported on your tax return.  Whether you re-invested the gain in to another house is irrelevant.  If you  have a Form 1099-S go to Federal>Wages and Income>Less Common Income>Sale of Home (gain or loss)

If you owned and lived in the home as your primary residence for at least 2 of the last 5 years on the date of the sale, you do not have to report the home sale if the gain is less than $250K filing Single, or less than $500K filing Married Filing Jointly (and you both owned and lived in the home for at least 2 years).

• If you are using online TT, you need Premium software to report the 1099-S

NOTE:   If you have ever used the home as rental property or claimed a home office, you have more information to enter