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Business & farm
@briandsmith The 1099-S is informational for you and the IRS. The sale price amount on the 1099-S goes in as the gross proceeds on schedule D and then the amount of basis and cost of the sale are deducted from that. So if you're already seeing the amount from the 1099-S In the return then you're all set.
Line 31 is your tax as if you were a California resident. If line 40 and 41 are both zero then you don't owe anything.
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March 10, 2022
3:26 PM