If I qualified for the maximum exclusion on the recent sale of my home, do I still have to list the amounts of the capital improvements done over the course of the years I owned it??? I received the 1099-S and my CPA is asking for all the improvements, dates, amounts. This was not an investment home, it was my personal home, lived in it for 2 of the recent 5 yrs., sold it for less than the allowed amount; didn't sell another home recently. Is there not an option to check off where we don't have to list all of the improvements information if we know we qualify for the capital gain exemption? or is it regular procedure to list all this info?
