Bought primary home in Oct 2003 and Sold in Sept 2022 with profit of ($229000 - less closing cost and upgrade expenses ($39000) = 190000 net gain) and filing MFJ . Need help to report in Tax return. Rented only 1 room with attached bath for 2 1/2 years. Is depreciation matter? I never claimed any depreciation before. Return asking to fill AMT Depreciation. Received the 1099-S from closing company What I should do?
