https://ttlc.intuit.com/community/taxes/discussion/tax-year-prior-to-2020-i-am-unemployed-and-sold-my-condo-for-less-than-i-purchased-do-i-need-to-file/01/453530#M186462 Mon, 01 May 2023 22:46:24 GMT rshaffer319 2023-05-01T22:46:24Z https://ttlc.intuit.com/community/taxes/discussion/tax-year-prior-to-2020-i-am-unemployed-and-sold-my-condo-for-less-than-i-purchased-do-i-need-to-file/01/453530#M186462 Mon, 01 May 2023 22:46:24 GMT https://ttlc.intuit.com/community/taxes/discussion/tax-year-prior-to-2020-i-am-unemployed-and-sold-my-condo-for-less-than-i-purchased-do-i-need-to-file/01/453530#M186462 rshaffer319 2023-05-01T22:46:24Z https://ttlc.intuit.com/community/taxes/discussion/if-you-aren-t-required-to-report-the-sale-of-your-condo/01/453536#M186464 <P>If you aren't required to report the sale of your condo, and received no income, then you don't need to file.&nbsp; I'm assuming you used the condo as your home.&nbsp; If not, please post a comment below. </P><P> </P><P> <B>If all of the following apply, you don't need to report it.</B> </P><P> </P><UL> <LI>You lived in the home as your main home for at 2 of the 5 years preceding the sale.</LI> <LI>Your "net" profit from the sale is less than $250,000 ($500,000 if Married Filing Jointly).</LI> <LI>You <B>didn't take depreciation deduction on the home or use it for business during the time you owned it</B>.</LI> <LI>You <B>didn't rent it out at any time that you owned it.</B> </LI> <LI>You didn’t receive a Form 1099-S.</LI> </UL><P> <B></B><I></I><U></U><BR /></P> Tue, 04 Jun 2019 23:05:15 GMT https://ttlc.intuit.com/community/taxes/discussion/if-you-aren-t-required-to-report-the-sale-of-your-condo/01/453536#M186464 KarenL2 2019-06-04T23:05:15Z