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posted Mar 29, 2025 2:35:11 PM

If I sell my principal residence in one city and move to another city and buy a new principal residence do I need to fill out the Principal Residence part on taxes?

I sold one home and then bought another. It is my principal residence. Do I have to fill out this information on my tax return?

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Moderator
Mar 29, 2025 5:01:48 PM

You only have to fill out the Principal Residence for the sale of the first home. You only have to report the sale, not the buying part.