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1099-S
I have TT deluxe.
I sold my primary home last year. I have a 1099-S form now.
In the Investment Income area, I click Stocks, Bonds.
I click Yes to Did you Sell any Investments...
I click no for 1099 B.
I click Everything Else for Choose the Type...
Is that right?
I sold it for 410,000 and bought it six years back for 225,000.
But then it says that I owe a massive tax bill.
I thought there was a one-time $250k exemption?
Thanks.
Mac
‎February 13, 2020
9:29 AM