https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-house-in-2017-and-i-entered-on-turbotax-ok-as-1099-s-but-where-do-i-enter-the-house-i/01/727085#M96325 Thu, 06 Jun 2019 15:42:30 GMT yoopti 2019-06-06T15:42:30Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-house-in-2017-and-i-entered-on-turbotax-ok-as-1099-s-but-where-do-i-enter-the-house-i/01/727085#M96325 Thu, 06 Jun 2019 15:42:30 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-house-in-2017-and-i-entered-on-turbotax-ok-as-1099-s-but-where-do-i-enter-the-house-i/01/727085#M96325 yoopti 2019-06-06T15:42:30Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/there-is-no-place-to-enter-your-purchase-you-report-the/01/727089#M96328 <P>There is no place to enter your purchase. You report the sale of your home, and if you qualify you can elect to exclude the gain on the sale, up to $250,000 ($500,000 for joint returns). Purchasing a new residence doesn't have anything to do with it.</P><P>In the past, you could defer the gain on the sale of your principal residence if you replaced it with a more expensive house. That <B>law was replaced</B>, and now you just exclude the gain without considering your new house.</P> Thu, 06 Jun 2019 15:42:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/there-is-no-place-to-enter-your-purchase-you-report-the/01/727089#M96328 IsabellaG 2019-06-06T15:42:31Z