Sale and purchase of primary residence

[irladnd]

My wife and I relocated from CA to WA in 2023. Our California home mortgage was paid off - we had lived there 38 years. To make the move less uncertain, we purchased a home in Washington in March 2023 for $850,000. We then sold our California home in April for $1,320,000 - the original purchase price + improvements were $392,181. 

I have entered the sale info but I don't see where to enter the partially offsetting purchase of the new home. Without the offsetting reinvestment, I am being taxed on the profit of the profit from the sale that exceeds the $500,000 exclusion. 

Do I just not report the sale? I did not receive a 1099 S

[KrisD15]

There is no offsetting the gain on the  home.

There was a time when you could put off the capital gain on a personal residence by purchasing a new one, but that ended years and years ago. 

Now we have the Exclusion to capital gain limited to 500,000 Married Filing Jointly.