My wife and her sister jointly owned a mobile home in which her sister lived in Oregon that they sold in 2024 and split the proceeds equally.
However, "box 2 Gross Proceeds" of both of the 1099-S forms sent to these women that were furnished by the title company indicate the full sale price. Is that an error or does each of them just enter 1/2 that value when recording the transaction in Turbo Tax?
Thanks in advance, JS.
