Hey @Mike9241 - Follow up here.
I am now filing my taxes, but have noticed that on Pub 523 it states the following:
"If you received a Form 1099-S. If so, you must report the sale on Form 8949 even if you have no taxable gain to report. See Instructions for Form 8949 and Instructions for Schedule D (Form 1040) for more details."
Above that it also states: "your gain that is eligible for exclusion from your income is not to be reported on your tax return. The "Reporting Your Home Sale" section only applies to your non-qualified use gain."
So which is true? I didn't receive a 1099-S at the time of sale, but I contacted the title agency and they stated that they had one on file and would email it to me. IF the entirety of my gain is not considered taxable, then do I need to report the 1099-S as a verification of gain?
Currently, I have the gain listed in my return but the Federal side is not showing that I owe, but state (OK) is showing that I do. If I am able, should I not report the gain in my return given that I am excluded?
