If I have lived in my home for more than 8 years and sold it do I need to claim anything?l

If you have owned the home and used it as your principal residence for two full years, you will not pay any tax on the gain.

The two exceptions to that is (1)  If you have already excluded the gain from another home within 2 years or (2)  You claimed depreciation on the home (such as from renting out part of it or having a Home Office, but then you would ONLY pay tax on the total amount of depreciation, not the entire gain).

Generally, the sale of your main home is not taxable, but you are required to report the sale on your tax return for the year of the sale, whether you sell at a gain, or a loss.

If you have a gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income. You may exclude up to $500,000 of that gain if you file as Married filing Jointly (MFJ).

If you have a loss on the sale of your home, the loss is not deductible.

To report the sale of your home, please follow the instructions below:

In TurboTax, jump directly to the entry screen for sale of a home:

1. Enter sale of home in the TurboTax search box and press the Find key.
2. Select Jump to sale of home at the top of the Top Questions box.
3. On the Sale of Your Main Home screen, select Yes. 
4. On the Sold a Home screen, note the information you'll need to answer and click Continue.
5. Answer the interview questions on the following screens.
   You'll finish at the Home Sales Summary screen, where you can add another sale by clicking the Add Another Sale button.