turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

Yes No
suejohn
Returning Member

Home

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?

posted
‎March 1, 2022 11:31 AM
last updated ‎March 09, 2026 2:23 AM
0
1
596
Reply
Bookmark Icon
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
DoninGA
Level 15
Level 15

Home

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
586
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

blfesq
Discipe
gsprattling
wolkmike25
him24her6