Do I need to record I purchased a new Primary home in 2023

[cje2964]

I sold and purchased homes in 2023

[JohnB5677]

That depends.

• You do not have to report anything on your taxes for the purchase of your new home.
• Regarding selling a home that you lived in for at least 2 years out of the last five years..
  • You can exclude $250.000 if Single, or
  • $500,000 if married
• If you don't qualify qualify for the exclusion must report the gain from the sale when they file their tax return. 
• Taxpayers who receive Form 1099-S, Proceeds from Real Estate Transactions must report the sale on their tax return even if they have no taxable gain. 
• Please see: Tax Aspects of Home Ownership: Selling a Home

[Opus 17]

You may need to report the sale, depending on the facts.  You don't do anything special to report the purchase of a home, but you might have some tax deductible items you can include on your tax return (like mortgage interest and property taxes).