tomd19
New Member

State tax filing

Thank you for your quick respond.  One more question please.  In the TT 'Proceeds' section, it described as after expense deduction.  My 1099-S box2 shows 'Gross Proceeds' (selling price without any deduction for expense).  Should I put Box2 value into the TT 'Proceeds Section'?  Total Amount Paid=buying cost + closing + upgrade to the property.  Finally, use  'I have more..' to fill all expense related to closing?  Thanks in advanced.