@tecoulter wrote:
I need help! Can I enter the transaction as my 1099-S or do I have to enter it as an investment??
If you owned and used the home as your main home for a period aggregating at least two years out of the five years prior to its date of sale, then you should qualify for the home sale exclusion.
See https://www.irs.gov/taxtopics/tc701
If that is the case, then you should enter the transaction under Sale of Home.
