Question

federal tax for selling your primary home in MN

What information do I enter from the form 1099 S?

You would enter the date of closing and the gross proceeds from your 1099-S.

You may not have to report anything if your gain is less than $250,000 (or $500,000 for MFJ).

See the attached for additional information on how to input the information from your 1099-S if you do need to report any gain.

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