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April 3, 2022
Question

Do I have to report 1099-S form even though personal home sale was only $114,500?

  • April 3, 2022
  • 1 reply
  • 0 views
I meet the qualifications for time in home and no business use.

1 reply

April 3, 2022

If you received a Form 1099-S from the sale of your home, you should report it on your tax return even if there is not taxable gain.

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