Thanks for the detail, I think I am following your instruction but want to make sure.
I did receive a 1099-S for a land easement, not a sale, just a permanent easement. Per your instructions, I am not entering this as the 1099-S, I am going to Fed Taxes, Wages and Income, Investment Income, Stocks, Bonds, Mutual Funds, Other, and selecting "other" as the "type of investment that I sold". Under "how did you receive this investment?", I answered "I purchased it", for the "description" I entered "utility easement". Under "when did you receive this investment" I entered the date I purchased my home. Under "date sold or disposed" I listed the date of closing on the 1099-S. I entered the Proceeds from the 1099-S and finally and this is the part I really am not sure about, the last box says "cost or other basis" and under "learn more" I read it to be the cost of the home? Is that correct?
