You'll need to sign in or create an account to connect with an expert.
it's not whether you have a profit or not. It's whether you got a 1099-S on the sale. over $250K single or $500K if married, you'll need to file Schedule D so the IRS can see there is no taxable profit.
Thank you. So - are you saying that I don’t have to file a Schedule D if my gain were not above that amount?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
DIY79
New Member
Ian B
New Member
SBD5
New Member
barfiear
New Member
buteo35
Level 2