AmyC
Expert Alumni

Deductions & credits

When you get to  tell us about this sale. Follow these steps:

  • Click on I'll enter one sale at a time, boxes drop down.
  • Box 1 description Second home
  • continue filling in the boxes.

Box 1d sale proceeds will match your 1099-S amount.

Box 1e cost basis (usually how much you paid) plus capital improvements plus selling expenses

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