kaykay Member Posts: 3 Newcomer
Home sale would be excluded. Less than 500,000 for married and primary home.
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KristineS FreeTaxUSA Agent Posts: 128
Hi kaykay,
You may or may not be issued Form 1099-S, Sale of Home, for the sale of your home. Contact your title company.
It it quite common not to receive the form for the sale of a primary residence. If you do however, the form creates a reporting requirement on the tax return even if you meet the exclusion rules for capital gains.
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