Which form/line do I use to file a $30,000 real estate loss?

[User5235]

Which form\line do I use to claim a $30,000 loss on a condo sale?

[BobB7]

Was the condo for personal use?

[User5235]

Yes

[BobB7]

Did you receive a form 1099-S in connections with the sale?

[User5235]

Yes

[BobB7 · Accepted solution]

OK, then say you sold a vacation property and follow the prompts.  This will avoid the IRS proposing to tax you on the entire proceeds and will enter it on your tax return correctly.  But you will get no tax deduction for your loss.