Home Sale before two years--extenuating circumstance

Davidmancuso — Tue, 24 Feb 2026 07:24:12 GMT

I bought a condo last year and then got married and moved/bought a house this year.

Normally I would pay capital gains tax, but a) I gained two stepdaughters and the condo was a two bedroom and b) the condo is a 55 and over community, and I could not move in a 44 year old wife and a 13 and 17 year old, as it would break the contract/covenant.
So I have extenuating circumstances as per IRS rules.

My question is, will TurboTax let me choose that exclusion (is there a selectable option in the software at that point in taxes for "extenuating circumstance"), or does the software not provide that option? I would prefer to keep using TurboTax, but I won't be able to if I can't choose this option using the system.

Re: Home Sale before two years--extenuating circumstance

Anonymous_ — Thu, 14 Sep 2023 16:49:18 GMT

@Davidmancuso wrote:
.... will TurboTax let me choose that exclusion (is there a selectable option....

The interview section will walk you through this option.

Re: Home Sale before two years--extenuating circumstance

Davidmancuso — Thu, 14 Sep 2023 17:23:30 GMT

Perfect. Thank you!

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Home Sale before two years--extenuating circumstance

Re: Home Sale before two years--extenuating circumstance

Re: Home Sale before two years--extenuating circumstance