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Level 2
April 13, 2023

where to input 1099s for sale of second home

  • April 13, 2023
  • 4 replies
  • 26 views
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    4 replies

    April 13, 2023

    What software are you using?

    Level 2
    April 13, 2023

    ProSeries Basic

    April 13, 2023

    If there was never any depreciation on the home, I would report it on the 1099-B worksheet (which is basically Form 8949).

    In the event there was ever any depreciation on the home, I would use the Home Sale worksheet, but make sure you indicate it does not qualify for the $250,000/$500,000 exclusion.