Your response is helpful - however, I am hoping you might know this: I sold my main home in 2021, received a 1099-S. My property included a separate dwelling that I used as a rental and have reported rental income and received depreciation for 4 years. On TurboTax, I think I need to split the 1099-S process of reporting for capital gains into 1) the portion attributable to my main home and 2) the portion attributable to the rental space - my SPECIFIC QUESTION is: do I do this using both the "sold my home" section AND the "sold my business" sections? (I've already worked completely through the 3 worksheets in IRS publication 523 and I have all the numbers needed - I'm just unclear which options on TT to use to input this data...any help is appreciated.
I spent over an hour on the phone yesterday with a TT "tax expert" who clearly did not know the answers. It was a nightmare.
