I sold my primary residence for profit, I rolled all of that profit in to a down payment for my new residence. Any tax breaks? Do I have to report it as Capitol Gains?

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It depends. You may be able to exclude the gain on the sale of your primary residence up to $250,000 ($500,000 for couple filing jointly). You must have lived in the home for at least 2 of past 5 years before the sale. Here is a link on the exclusion.

Additionally, here is a link with information on reporting the sale in TurboTax.

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