jmbradshaw144
Returning Member

Get your taxes done using TurboTax

I received a 1099-S. PaulaM (Employee Tax Expert on this site) says, "It is not unusual to not receive a 1099-S form. You can ask the closing attorney if one is being sent, but do not request one if its not needed. If you receive the form, you must enter the sale on your tax return. If you don't receive the form and you qualify for gain exclusion (see below), then the sale does not need to be entered on your return." Note that the bold/italics are mine.

Despite the fact that I clearly meet all the requirements to qualify for the exclusion, TurboTax Premier Desktop says I do not qualify and adds the $230K to my income. How do I report this issue to TurboTax in order to resolve the issue?