I selected the Sold A House option During the process of completing my tax return it didnt ask me about the sale of a house. How do I go back and address this?

[mike78613]

I owned the home for almost 22 years.  I rented the home for 3 years.  Turbo Tax did not ask me about this, though I checked the "Sold A House" at the beginning.  I am now at the end of the Tax return process, How do I go back and enter this info?

[Critter-3]

If it is your personal primary home:

Enter your sale of your primary residence (which may require an upgrade in TurboTax), please follow these steps:

1. Once you are in your tax return (for TurboTax Online sign-in, click Here), click on the “Federal Taxes” tab ("Personal" tab in TurboTax Home & Business)
2. Next click on “Wages & Income” ("Personal Income" in TurboTax Home & Business)
3. Next click on “I’ll choose what I work on”
4. Scroll down the screen until to come to the section “Less Common Income”
5. Choose “Sale of Home (gain or loss)” and select “start’
6. You will want to use the "Easy Guide" to determine the adjusted basis on this home

[Critter-3]

If you got a 1099-S for the sale make sure you check this box or you will get an IRS letter ....

[Hal_Al]

The interview will ask if you used the property for anything other than your home. When you answer yes, it will ask for  any depreciation allowed or allowable.  The  deprecation "recapture" portion of the capital gain on the sale is taxable. 

"I rented the home for 3 years".   To qualify for the home sale exclusion, you  must have lived in the home  for at least two of the five years prior to the sale.  If the rental time plus the vacant time just prior to sale closing adds up to more than 3 years, you are not eligible for the home sale exclusion. 

[Carl]

If the last occupant to move out of the house prior to the sale was a renter, and they moved out in the same year as the sale, then you report the sale in the "Rental & Royalty Income (SCH E)" section of the program. Otherwise, if you the owner was the last occupant to move out prior to the sale, the previous post applies.