To clarify the actual situation by following up the response "For the sale of the home, only input the 50% that you received - it is okay that it doesn't match the 1099-S":
The 1099-S to me takes 50% already actually. e.g. The total sale price is $200k, and the 1099-S sent to me shows $100k.
So when I input the sale price and the cost basis, I should input the followings, right?
(1). Sale price: $100k, which actually matches my 1099-S
(2). Cost Basis: (Sales expense + the original purchase price) * 50%
Is this the right approach? Thanks!
