Intake and Interview Process

To determine if the taxpayer must report the sale of investments or the sale of a home, use the interview techniques and tools discussed in the lesson, Screening and Interviewing. Use Form 13614-C, Intake/Interview & Quality Review Sheet to ask questions and get the necessary information to ensure an accurate return.

The intake and interview sheet includes questions about the sale of investments or real estate. Ask taxpayers if they sold any stock, securities, or other investment property; also ask if they sold any real estate, such as their principal residence or "main home" during the tax year. They may be eligible to exclude all or part of the gain from the home sale from taxable income.

Taxpayers who claimed the first-time homebuyer credit and then sold their home may have to repay the credit. For more information, refer to the Other Taxes lesson and Form 5405.