I think I made a significant mistake. What does "home's adjusted basis" or "cost of your entire home" mean here? Is it the price the seller agrees to sell the home to the buyer? But I entered the actual amount I paid for it up until today (selling agreed price - outstanding mortgage principal). I feel terrible now because my return has already been e-filed. For next year, if I enter the correct amount, it will be different from the 2022 return. I'm worried that this might cause an audit one day due to the inconsistency or conflict between the years of tax returns.
I need expert advice on what to do now.
