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Deductions & credits
I bought and sold a home in 2020. I lived in the home I sold for under 2 years, and most of the profit from my sold home went to a down payment on my new home.
The amount I “pocketed” was less than 20k.
Does the above still apply to me or do I need to wait to see if I receive a 1099-S?
January 30, 2021
5:38 PM