sjrcpa
Level 15

do you represent the sale of a home on Form 4797 or on the Home Sale worksheet? 

In this situation neither. Treat as investment property. Enter on Sch D/Form 8949 as if it was a stock sale. For ProSeries I think you go to the 1099-B worksheet. Flag where appropriate to say it was not reported on 1099-B


The more I know the more I don’t know.