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March 17, 2025
Question

Where in Turbotax can I find the directions to get the $500K exclusion having sold my house within 2 years of death of wife?

  • March 17, 2025
  • 2 replies
  • 0 views
TT only says joint or single. As widowed I'm single.

2 replies

March 17, 2025

In the personal information section, you need to indicate that you were widowed and in what year. Then, in the home sale section, answer the questions regarding your spouse. I am sorry for your loss.

 

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mfmercierAuthor
March 17, 2025

Thanks, did that to begin with. I'll retry again, but it keeps feeding me $250K.

mfmercierAuthor
March 18, 2025

Final review. Redid the whole works starting from zero, that's the only way TT would let me see the page. Didn't matter, limited me to the $250K. Did not get me to the proper $500K. No pain as 250 was enough to cover the gains. But someone else relying on the product is going to be paying taxes unnecessarily. Not terribly common, but terrible enough to the individual that pays the higher tax.