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smetanajames
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  • "For the home sale, if this was your primary home you may not need to enter it all in TurboTax"In other words, if I do not enter it I cannot deduct the costs as...
    smetanajames
    1
    Updated Apr 03, 2018
  • So....According to the article if I report the sale I owe taxes. BUT I cannot deduct the expenses I incurred on the sale. Commission, lawyer fees etc...
    smetanajames
    3
    Updated Apr 03, 2018
  • My understanding is that Capital Gains are exempt from the sale of your primary residence. Don't I get a one-time exemption?
    smetanajames
    Updated Apr 03, 2018
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