rjs
Level 15
Level 15

Deductions & credits

If you receive a Form 1099-S for the sale you have to report it on your tax return, even if the gain is less than $250,000/$500,000 and you meet the ownership and residence requirements to exclude the gain.


If you use TurboTax Online you have to use the Premium version if you are reporting the sale, whether or not you got a 1099-S.