Yes, If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Income section. Here's how to enter the form:
- Open or continue your return
- Type sale of a home in the Search box
- Select the Jump to link in the search results
- Follow the interview to enter the info from your 1099-S
Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.
IRS Instructions for Form 1099-S
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