If you have sold house, property, land or building, goto Capital Gains tab Click on ‘Click here if you have sold any assets’. In this click on ‘Add’ on Details of Sale of Land or Building (Property).

How do I file my last 2 years tax return?

If you have received a notice from the Income Tax Department asking you to file your returns that go beyond 2 financial years, you can log on to to prepare your returns. You can then print this return and submit it to the Income Tax Office in your ward.

Is income from sale of house Taxable?

You can sell your primary residence and be exempt from capital gains taxes on the first $250,000 if you are single and $500,000 if married filing jointly. This exemption is only allowable once every two years.

Where can I file my 2010 tax return?

You may still prepare your 2010 taxes using our website. Once you submit a prior year tax return to us, one of our tax professionals will review your information and provide you with a printable version of your tax return to mail to the IRS.

How can I prepare my income tax return?

Download the ITR preparation software for the relevant assessment year to your PC / Laptop from the “Downloads” page. Prepare the Return using the downloaded Software. Gather all the information regarding your income, tax payments, deductions etc.

Do you have to file your taxes before you buy a house?

File your taxes and get every credit and deduction you deserve. Our tax pros can help you file in person or virtually, or you can file on your own online. Other fees that you paid before or at closing aren’t deductible. However, they’re included in your basis of the home.

What can you deduct on your taxes when you buy a home?

You can deduct some of the ongoing payments you make for owning your home, including: Real estate taxes actually paid to the taxing authority; Qualifying home mortgage interest; Mortgage insurance premiums; You can’t deduct these: Property insurance; Depreciation; Utility payments