My 1099 S states "Certification for NO information Reporting on a sale of a Principal residence. Should I skip the screen Sale of a home?

rupisyal27 · ‎June 1, 2019

IreneS · ‎June 1, 2019

No - Don't skip the screen, Sale of a Home. If you were issued a 1099-S for the sale of your principal residence, you are required to report the sale on your return.

According to IRS Topic 701 – Sale of Your Home:

If you receive an informational income-reporting document such as Form 1099-S.pdf, Proceeds From Real Estate Transactions, you must report the sale of the home even if the gain from the sale is excludable.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

My 1099 S states "Certification for NO information Reporting on a sale of a Principal residence. Should I skip the screen Sale of a home?

My 1099 S states "Certification for NO information Reporting on a sale of a Principal residence. Should I skip the screen Sale of a home?

Found what you need?

Top help articles

Still have questions?

Get more help

Ready to start your taxes?

Why sign in to the Community?

Do you have a TurboTax Online account?

My 1099 S states "Certification for NO information Reporting on a sale of a Principal residence. Should I skip the screen Sale of a home?

My 1099 S states "Certification for NO information Reporting on a sale of a Principal residence. Should I skip the screen Sale of a home?

Found what you need?

Top help articles

Still have questions?

Get more help

Ready to start your taxes?

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert