walkertax
Level 1

When i enter the sale of a home I'm not getting the $500,000 (MFJ) exclusion and it's showing a capital gains tax. here are the details:

Home acquired: 1/6/16

Home sold: 08/15/24

Rented from 6/23 to 8/24 but otherwise it was the sellers' primary residence.  

shouldn't proconnect take all the prior numbers (depreciation etc) and calculate that and the $500,00 exclusion?  

Any help is much appreciated - it's driving me crazy!

Janet

 

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