- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@FranklinFit wrote:
Follow up question, if the 1099-S is filed for the sale of a primary residence and the capital gains is under the 250k single or 500k married, will there be tax ramifications?
No. There would not be any capital gains taxes on the sale. The Schedule D and Form 8949 will show no taxes assessed.
‎July 16, 2023
12:45 PM
1,149 Views