does form 8949 carry over and fill out schedule d for sale of home of which was more than 5 years lived

Forum|Forum|11 months ago
April 8, 2025
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Hello:

Does form 8949 carry over and fill out schedule d for me or what happens exactly as this is for a sale of a home and the sale expenses. I did receive a 1099-s-also how will I pull up form 8949 or will it happen. Do I do title, escrow, commissions on form 8949 and where do I list them.

Thanks

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DavidD66

Yes, the information of Form 8949 flows to Schedule D. You do not report any escrow information when reporting the sale of the home. Commissions and other sales expenses are a reduction to sales proceeds, if not already reflected on the 1099-S. If you all the gain from the sale is excluded due to the exception for sale of personal residence you skip the adjustments for sales expenses. Otherwise, after entering the amount on the Form 1099-S, you will enter those as an adjustment.

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