Taxpayer lived in a home for 6 years, rented it out for 2 years, and then moved back into the home.
I am curious of the proper way to enter the home sale figures in the software to ensure they are taxed properly. It will be a partial exclusion based on the total time they lived there.
There is a Home Sale Worksheet in the software that can help step you through the process of calculating the exclusion allowed in various scenarios. There is a quickzoom to the worksheet on the Schedule D form for Capital Gains and Losses.
You can link the rental asset to the HomeSale worksheet in the Disposal section of the Asset Entry worksheet.
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