Does TurboTax support/figure out homeowner exemption of $250k gain when selling home when I have been renting out part of home and taking depreciations etc.?
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Yes. When you enter the details of the sale, TurboTax will ask about prior depreciation and will take that into account when figuring your tax.
Yes. When you enter the details of the sale, TurboTax will ask about prior depreciation and will take that into account when figuring your tax.
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