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-How do I correctly enter a 1099-S for the sale of only 1% of a life estate? When I go to the other income to enter it, it puts me into a capital gains calc.
Is this entire 1% considered capital gains in this situation. When I entered the entire amount as capital gain, the program stated is not taxable, but does it require an upgrade and if so, to what.?
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‎April 15, 2024
1:57 PM