I just reported my second home sale and noticed the sale amount entered showed up in form 8948, Part II, Column (d) Proceeds.
Because I did receive a 1099-S, and the form 8949 instructions for this column states "If you receive a Form 1099-B or 1099-S for a transaction enter in column (d), the proceeds shown on the form." With this, I was NOT able to reduce my expenses, including commission, from the sale proceeds.
What should I do to offset my sale proceeds, reported in 1099-S, with my selling expenses?
