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Partial sale tax exemption less than 2yrs

Bought a home and lived in less than 2yrs. Had to move overseas for military job and sell the house. Where and what form do we fill out for this specific circumstance? 

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ColeenD3
Expert Alumni

Partial sale tax exemption less than 2yrs

You would report this in Sale of Home. You will be asked questions to see if you qualify for a partial exclusion.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on
  • Scroll down to Less Common Income
  • On Sale of Home (gain or loss), click the start or update button

Please see this LINK for more information.

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