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Get your taxes done using TurboTax
It is curious that Box 2 does not report 615,000 if that was the selling price. Is Box 4 checked?
Box 2 should report the selling price.
Did you do any 1031 exchange? (trading one property for another)
Did the Title company subtract an outstanding loan?
What did you pay for the house and what is your filing status?
If you meet the requirements for Section 121 Exclusion, you needn't enter the 1099-s.
250,000 or 500,000 Joint.
Requirements to exclude capital gains
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‎February 20, 2023
7:21 AM