topic I reported a loss of $20,000 on the sale of my home but I am not receiving a credit. in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-reported-a-loss-of-20-000-on-the-sale-of-my-home-but-i-am-not-receiving-a-credit/01/434842#M55407 Tue, 04 Jun 2019 21:59:53 GMT dserbonich 2019-06-04T21:59:53Z I reported a loss of $20,000 on the sale of my home but I am not receiving a credit. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-reported-a-loss-of-20-000-on-the-sale-of-my-home-but-i-am-not-receiving-a-credit/01/434842#M55407 Tue, 04 Jun 2019 21:59:53 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-reported-a-loss-of-20-000-on-the-sale-of-my-home-but-i-am-not-receiving-a-credit/01/434842#M55407 dserbonich 2019-06-04T21:59:53Z You don't get a tax benefit for the loss on your home. Yo... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-don-t-get-a-tax-benefit-for-the-loss-on-your-home-yo/01/434850#M55409 <P>You don't get a tax benefit for the loss on your home. You can only deduct losses for the sale of business property.</P><P> <A href="https://www.irs.gov/uac/what-if-i-sell-my-home-for-a-loss" rel="nofollow" target="_blank">https://www.irs.gov/uac/what-if-i-sell-my-home-for-a-loss</A> <BR /> </P> Tue, 04 Jun 2019 21:59:55 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-don-t-get-a-tax-benefit-for-the-loss-on-your-home-yo/01/434850#M55409 ChristinaS 2019-06-04T21:59:55Z