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It is the sale of a second home, unless you collected rent from them for the full rental value of the preoperty.
If this house was an second home sold with a capital gain -
To enter this transaction in TurboTax, log into your tax return (for TurboTax Online sign-in, click Here ) and click on "Take me to my return") and type "investment income (gains and losses)" in the search bar then select "jump to investment income (gains and losses)". TurboTax will guide you in entering this information (see step 6 below)
Alternatively, to enter this sale of a second home in TurboTax Online or Desktop, please follow these steps:
It is the sale of a second home, unless you collected rent from them for the full rental value of the preoperty.
If this house was an second home sold with a capital gain -
To enter this transaction in TurboTax, log into your tax return (for TurboTax Online sign-in, click Here ) and click on "Take me to my return") and type "investment income (gains and losses)" in the search bar then select "jump to investment income (gains and losses)". TurboTax will guide you in entering this information (see step 6 below)
Alternatively, to enter this sale of a second home in TurboTax Online or Desktop, please follow these steps:
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