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How to override the gain form seal of residencal property that meets the exclusion test?

amamin
Level 1

I’m trying to report a sale of a resident property that meet the full exclusion test, but it still shows up as a gain? How can I resolve this to not show as a gain?

 

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2 Comments 2
abctax55
Level 15

Basis entered ?

Box marked for "qualified" for 2 of 5 year exclusion?

"*******Tax software is no substitute for a professional tax preparer*******
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George4Tacks
Level 15

sale of home.jpg


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