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Turbo tax said I need home business for sale oif home but they sold me 2019 when I am filing 2020
If you have a capital gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income, or up to $500,000 of that gain if you file a joint return with your spouse. Publication 523, Selling Your Home provides rules and worksheets. Topic No. 409 covers general capital gain and loss information.
If you sold the home in 2019 and reported it, you do not need to report it again in 2020.
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