difficult child 1 works for Taco Bell and got his W2 today. I called him and he was going to find out what it will cost to get his taxes done. I told him he could do them on line for free. Then we realized that he sold his house last year. It is a cheap house in a rural town. He sold it for the same amount he paid for it ($4000). Does he have to pay taxes on that $4000 since there was no profit? I hate to have him pay somebody a whole bunch of money to do his taxes when really it involves 1 W2 and no dependents except himself. Anybody know the law about real estate?