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Is seller's concession part of "I paid sales expenses that aren't included in the sale proceeds reported on the form"
Turbotax ask me "I paid sales expenses that aren't included in the sale proceeds reported on the form 1099-S
I gave the buyer a $5k seller concession that was deducted from escrow. Do I put that amount as part of sales expenses that aren't included in the sale proceeds reported on the form 1099-S? Or cost basis?
‎April 13, 2024
1:51 AM