Yes, sales price and gross proceeds are normally the same number.
If there isn't a box for Selling Expenses, add those to your cost basis. Here is a list that may be helpful: Selling Expenses
In summary:
Gross Proceeds - Selling Expenses - Cost Basis = Profit (loss) on sale.
Note that a mortgage payoff may reduce the cash you received, but that is not included in the calculation of your profit/loss on the sale.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
