https://ttlc.intuit.com/community/tax-credits-deductions/discussion/in-2018-we-sold-house-in-canada-and-bought-another-one-in-us-we-got-permanent-us-status-in-2016-i/01/247150#M30945 Sat, 01 Jun 2019 20:13:20 GMT olgoloub 2019-06-01T20:13:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/in-2018-we-sold-house-in-canada-and-bought-another-one-in-us-we-got-permanent-us-status-in-2016-i/01/247150#M30945 Sat, 01 Jun 2019 20:13:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/in-2018-we-sold-house-in-canada-and-bought-another-one-in-us-we-got-permanent-us-status-in-2016-i/01/247150#M30945 olgoloub 2019-06-01T20:13:20Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-lived-in-the-home-for-two-of-the-last-five-years-p/01/247159#M30948 <P>If you lived in the home for <U>two of the last five years</U> prior to the sale, you would qualify for the<B><I> Home Sale Exclusion</I></B>.</P><P>If not, it would be reported as the <I>Sale of a Second Home</I> and be subject to <B><I>Capital Gains</I></B>.</P><P>Here's more info on the<I> Home Sale Exclusion:</I></P><P> <I> <A href="https://ttlc.intuit.com/replies/3300213" target="_blank">https://ttlc.intuit.com/replies/3300213</A> <BR /> </I> </P> Sat, 01 Jun 2019 20:13:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-lived-in-the-home-for-two-of-the-last-five-years-p/01/247159#M30948 MarilynG 2019-06-01T20:13:21Z