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Deductions & credits
I sold house for $75K last year after owning 15 years. After entering info on 1099S forms my return went from getting $2K to owing $10K. I thought this was not to be taxed. We rented for last 1.5 years but still lived 2 of last five year. The only thing I can think of is in 2017 we may have depreciated it. Thoughts?
‎June 12, 2019
1:24 PM