You'll need to sign in or create an account to connect with an expert.
@dnaue wrote:
When I did what you suggest the only difference I saw was that the word 'main' was taken off of the IRS Form 8949 with the Form D looking exactly the same. Do you think that this is correct?
Yes, it should be correct. Please understand that there is virtually no difference between the two types of transactions since you cannot recognize (deduct) a loss on personal use property, like a second home.
If you mistakenly entered a sale of your second home as your main home, simply delete the sale from the Sale of Home (gain or loss) section and enter the sale of your second home in the Stocks, Mutual Funds, Bonds, Other section and check Second Home on the following screen (see screenshot).
When I did what you suggest the only difference I saw was that the word 'main' was taken off of the IRS Form 8949 with the Form D looking exactly the same. Do you think that this is correct? The sale of the home was a loss sale. What forms do I need to send to the IRS since this would be amended return for 2018?
@dnaue wrote:
When I did what you suggest the only difference I saw was that the word 'main' was taken off of the IRS Form 8949 with the Form D looking exactly the same. Do you think that this is correct?
Yes, it should be correct. Please understand that there is virtually no difference between the two types of transactions since you cannot recognize (deduct) a loss on personal use property, like a second home.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
lydiagp7090
Returning Member
taxhard47
Level 2
fcbdc
New Member
jignesh123
Level 1
Ariadne II
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.