turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

HowdyDoodle1
Returning Member

Can you use a loss incurred on a previous primary residence to offset a gain on the sale of your current residence?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Can you use a loss incurred on a previous primary residence to offset a gain on the sale of your current residence?

The  loss on the sale of a personal residence is not reported on a tax return and cannot offset the gain on the sale of another personal residence.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question