TetonTaxService
Level 3
03-21-2020
01:34 PM
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Where do I mark that a home sale less than 2 years is excluded due to a work move? I put all the info into the 1099-S for when it was bought and sold, it is less than 2 years. There is a small gain. The move and resulting sale of home, was due to a work move (greater than 50 miles) and should be excluded.
How do I exclude this? Or do I not even enter the info at all? They did not receive a 1099-S.
Thanks!!
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Level 15
03-21-2020
01:39 PM
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You should see the area on the HomeSale Worksheet when youre entering the sale inforamtion.
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TetonTaxService
Level 3
03-21-2020
01:42 PM
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It is not there = there's not questions on the worksheet about exclusions.
TetonTaxService
Level 3
03-21-2020
01:44 PM
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Answering my own question - it is down in Section B.