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Sold a rental; entered sale info in rental sect. Also entered 1099-S in "Invest Income" sec but cap gain doubled. Can delete 1099-S but worry about not reporting a 1099S?
The sale proceeds and costs/basis appear to be properly captured (Form 4797, Sch D), so is adding the 1099-S to the Investment Income section (where TT directed me) unnecessary.
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‎April 1, 2025
7:52 PM