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Primary Residence Turned Rental, How to Report Sale


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The sale is supposed to be on Form 4797, just like any other rental.  The amount of Unrecaptured Section 1250 Gain is shown on page 2 of Schedule D, and is actually calculated on one of the capital gain worksheets.

The exclusion should also be entered on Form 4797.

https://www.irs.gov/instructions/i4797#idm139902460554688

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