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New Member
posted Oct 29, 2019 6:08:48 PM

Do I have to claim the proceeds from the sale of our house?

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1 Best answer
New Member
Oct 29, 2019 6:08:50 PM

If the house was your principal residence and was not used for income producing purposes (ie a rental property), then you do not report the sale on your return.  It is not taxable

1 Replies
New Member
Oct 29, 2019 6:08:50 PM

If the house was your principal residence and was not used for income producing purposes (ie a rental property), then you do not report the sale on your return.  It is not taxable