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carolynjr
March 10, 2025
Question

We sold a house our daughter lived in for 10 years. Where do we enter our profit (capital gains tax)?

  • March 10, 2025
  • 1 reply
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    1 reply

    SharonD007
    SharonD007
    March 10, 2025

    The capital gain from the sale of your second home will be entered in the Investment section of Income and Expenses.  The capital gains will be reported on Schedule D.

     

    Refer to the TurboTax Help article Where do I enter the sale of a second home, an inherited home, or land on my 2024 taxes? for navigation instructions.

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