Solved: What if I don't have information on the purchase of my house from 12 years ago
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What if I don't have information on the purchase of my house from 12 years ago

what if I don't have information on the purchase of my house from 12 years ago
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What if I don't have information on the purchase of my house from 12 years ago

If all of the following apply, you don't need to report it.

  • You lived in the home as your main home for at 2 of the 5 years preceding the sale.
  • Your "net" profit from the sale is less than $250,000 ($500,000 if Married Filing Jointly).
  • You didn't take depreciation deduction on the home or use it for business during the time you owned it.
  • You didn't rent it out at any time that you owned it.
  • You didn’t receive a Form 1099-S.

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New Member

What if I don't have information on the purchase of my house from 12 years ago

If all of the following apply, you don't need to report it.

  • You lived in the home as your main home for at 2 of the 5 years preceding the sale.
  • Your "net" profit from the sale is less than $250,000 ($500,000 if Married Filing Jointly).
  • You didn't take depreciation deduction on the home or use it for business during the time you owned it.
  • You didn't rent it out at any time that you owned it.
  • You didn’t receive a Form 1099-S.

View solution in original post

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