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mckinlet
New Member

I sold my house this year, but the value wasn't large enough to require me to pay capital gains tax. Do I still need to use the Premier Product?

 
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Coleen3
Intuit Alumni

I sold my house this year, but the value wasn't large enough to require me to pay capital gains tax. Do I still need to use the Premier Product?

If this was your personal primary residence, you qualified for the exclusion, and your gain was not more than the exclusion, you do not have to report it. You can continue with Deluxe.

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1 Reply
Coleen3
Intuit Alumni

I sold my house this year, but the value wasn't large enough to require me to pay capital gains tax. Do I still need to use the Premier Product?

If this was your personal primary residence, you qualified for the exclusion, and your gain was not more than the exclusion, you do not have to report it. You can continue with Deluxe.

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