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Yes, you would still need to report the sale of the home.
To enter the sale of a home in the TurboTax online program:
You need to report the gain if ANY of the following is true.
· You have a taxable gain on your home sale and don’t qualify to exclude the gain. See Gain exclusion
· You received a Form 1099-S. If so, you must report the sale even if you have no taxable gain to report.
· You wish to report your gain as a taxable gain even though some or all of it is eligible for the exclusion
Yes, you would still need to report the sale of the home.
To enter the sale of a home in the TurboTax online program:
You need to report the gain if ANY of the following is true.
· You have a taxable gain on your home sale and don’t qualify to exclude the gain. See Gain exclusion
· You received a Form 1099-S. If so, you must report the sale even if you have no taxable gain to report.
· You wish to report your gain as a taxable gain even though some or all of it is eligible for the exclusion
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