pabolger
Returning Member

Investors & landlords

I just want to be clear.  When you say that "I don't need to report the gain from the involuntary conversion",  That means that I do not enter anything either into Form 4684.  And I would not enter anything into the routine where I "sell" a home.

I have written a very clear explanation of why my insurance proceeds and other reimbursements,  cause a gain less than the section 121 exclusion.

My plan is to take the exclusion, and move to my new replacement home with a totally new cost basis.

 

Is it necessary to attach this addendum to my 2022 return?  

Or should I just keep the detail and summary in my files.  

If it is, my understanding is that Turbo tax can not attach a pdf of the addendum to the 2022 return.

 

If the attachment is necessary,

I believe my only option is to mail the return to the IRS, and therefore cause a large delay in receiving my refund.

Aside from this involuntary conversion my return is very straight forward, much like in years past.

or

Can I file the 2022 return electronically to speed the refund.  And then put the return in the mail, with the addendum.

Sorry for the detailed questions, but I am stalled on what to do.

Can you help me move on.  I am ready to file.