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suejohn
Returning Member

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I sold a home in 2021 but the payments started in 2022.  Do I report it sold in 2021 or can I wait and report selling it in 2022?

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‎March 1, 2022 11:31 AM
last updated ‎March 01, 2022 11:31 AM
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DoninGA
Level 15
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You report the sale on the 2021 tax return.  If this was a seller financed sale then you will report the seller interest income on the 2022 tax return.

‎March 1, 2022 11:35 AM
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