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jam8739
New Member

What "Sale Category" should I use, after selling a second home? I have no 1099-S. Do I use Long term uncovered by IRS, or Long term unreported to the IRS?

 
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JulieR
New Member

What "Sale Category" should I use, after selling a second home? I have no 1099-S. Do I use Long term uncovered by IRS, or Long term unreported to the IRS?

When reporting the sale of a second home, you should not need to enter a sale category.  To properly report this sale, you should type "sale of second home" into the search box and click on the "Jump to" link in the search results. Select "No" when asked, "Did you get a 1099-B or a brokerage statement for these sales?" On the next screen select "Second Home" under "Choose the type of investment you sold", then click "Continue".  You'll then enter the remaining details of the sale.

Please comment if you need additional guidance with this entry.

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