sale of second home

You will enter this on your Federal return 1040 as a capital gain.  You will include both states,  

• Prepare State B first (Info will carry over from Federal).
• Then prepare State A that you live in.
  • You can get a credit in State A for taxes paid in State B..

In TurboTax Online, you can enter the sale of a second home by following these steps:

1. Open your tax return
2. Click on Federal in the left-hand column,
3. Then on Wages & Income
4. choose Investments and Savings and click on the down arrow on the right
5. Click on [+Add Investment] or Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
6. Enter a different way
7. Select Other box [continue]
8. Name Sold myself
9. What type of investment did you sell?
10. Select Second Home
11. Continue the interview.