Investors & landlords

Thanks again to all of you, especially @Carl who helped me walk through the TurboTax steps to get this recorded properly. 

 

This was for my dad whose taxes I do and we somehow over looked this 1099-S, so this is an amended return for 2019. The interesting effect of this change was that because he was still in the 0% capital gains rate, the only tax was on the lost medical expense that got reduced because of the increased AGI. That was a pleasant surprise. State was taxed at a higher rate. The less than pleasant surprise will be when we get the penalty and interest bill. :(

 

At least I don't do this kind of stupid very often.

 

Thanks again for your help!