Thank you for your reply. Our Home's Fair Market Value is approx. $300,000; our Cost Basis is approx. $200,000. Our Main Home of 25 years was sold to our daughter for $103,000 which was the remaining Mortgage Balance. Using Form 8949 with Box 7 checked & Schedule D --Lines 15, 16, & 21, Turbo Tax results show $ 0. Are we doing this correctly? Also, we will be mailing in Form 709.
