I sold my mobile home which was my primary residence for a loss. Do I need to report this on my taxes? I did not own the land.

posted

Connect with an expert

1 Reply

I sold my mobile home which was my primary residence for a loss. Do I need to report this on my taxes? I did not own the land.

No, you don't report the loss on sale of your primary residence because loss is not deductible - unless you have form 1099-S reporting the sale.

IF you did get the 1099-S form, here's data entry:

Federal Taxes
Wages and Income
Select Less Common Income
Select Sale of Home

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post