ccw007
New Member

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?