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Tax Questions
Hello,
1. What forms do I need to file for Federal Taxes if I received a 1099-S (sale of personal residence).
2. I owned the home for less than 2 years, do I need to be worried about a Capital Gains tax?
3. The 1099-S does not show costs for the adjusted basis/profit
4. How would I submit the documentation for items that can be deducted to arrive at the adjusted basis?
March 5, 2025
1:45 PM