I received a 1099-s for a home sale, I have no reportable income, the home sale was a loss. Do I still need to file a tax return?
The 1099-s form says if it's not filed you could receive a penalty from the IRS. Turbo tax software says I don't need to file a return. Do I need to file a return for the 1099-s or if I don't will the IRS fine me?
