I have sold my residence.

Gensup
Gensup Member Posts: 2 Newcomer
edited December 10 in Filing my taxes

When I file my federal taxes with free tax USA what documentation do I need to support the filling out of forms 849 and 523?

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  • AleceN
    AleceN FreeTaxUSA Agent Posts: 19
    Answer ✓

    Hello! Thank you for contacting the FreeTaxUSA Community.

    Are you referring to Form 8849? If so, this form is filed with your return as a Claim for Refund on Excise Taxes. Our software does not support Form 8849.

    Form 523, is this in regards to selling your home? If so, the software will prepare the forms needed based on the information entered on the software. You will enter the sale under the Income tab>Sale of Main Home.

    Please reply back if you have further questions or if this is not addressing the question you had.

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  • RBorch
    RBorch FreeTaxUSA Agent Posts: 24
    Answer ✓

    Hello,

    As the previous agent stated our software does not support the filing of Form 8849 Claim of Refund for Excise Taxes. However, it sounds like you need to file form 8949 Sales and Other Dispositions of Capital Assets. We do support the filing of form 8949. Menu Path: Income tab>Sale of Main Home

    Once you have entered your information the software will populate the forms needed for your tax return.

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