I paid stamp tax in Massachusetts when I sold my house and Excise Tax when I bought a new house in the same state. I don't know how or where to claim deductions

[jshawx]

I went through the home capital gains section of the process and did not claim the stamp tax. I that where I should claim it and if so how do I get back to that section of the return.  Also where do I claim the Excise Tax on the new home?

[IsabellaG · Accepted solution]

The Stamp Tax that you paid on the sale of your home is the same thing that other states call a transfer tax. It's not deductible, but  should be included in the Sales Expenses of your home when reporting the Sales Proceeds.

Normally Excise Tax is paid by the seller of the property, and decreases his gain on the sale. In your case, it would serve to increase the cost basis of your home. It's not deducted on your return.