I'm showing a $40,000 loss for the sale of my house when I actually made that much. Did I enter it wrong when filling out that section?

posted

Connect with an expert

1 Reply

I'm showing a $40,000 loss for the sale of my house when I actually made that much. Did I enter it wrong when filling out that section?

You don't actually have to report the Sale of your Main Home in TurboTax unless you received a Form 1099-S.

If you didn't receive a 1099-S and you believe the sale is not calculating correctly, you could delete this from your return.

Here's more info:

https://ttlc.intuit.com/replies/5192995

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post