I bought and sold a house last year, what forms do I need to be able to complete my tax return?

[Coleen3]

*If this was for a personal property, you would include the sale on Schedule D Capital Gains and Losses.

Generally, the gain is the sales price minus the basis. The basis of property you buy is usually its cost, including the purchase price and any costs of purchase, such as commissions. 

If you didn't receive a Form 1099-B or 1099-S (or substitute statement) for a transaction, enter in column (d) the net proceeds. The net proceeds equal the gross proceeds minus any selling expenses (such as broker’s fees, commissions, and state and local transfer taxes). 

*If you sold your personal primary residence and you lived in and owned the home for at least two years in the five year period on the date of sale, you do not have to report the sale if your gains are less than the exclusion amounts of $250,000 if filing Single or $500,000 if filing Married Filing Jointly (and both lived in and owned the home for two years).