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June 1, 2019
Question

Why am I getting taxed on my home sale? I only made18k profit.

  • June 1, 2019
  • 1 reply
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1 reply

KrisD15
June 1, 2019

If you made a profit, and you cannot take the Capital gains Exclusion for Primary Residence, you are taxed on any profit.

If this was you primary home, and you lived in it 2 of the last 5 years, go back through the interview. 

https://ttlc.intuit.com/replies/6468373

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