I received a 1099-S from the title company after selling my house, do I still have to report the sale to the IRS if all the profit is totally tax-free?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

A 1099-S after a home sale often means the transaction was reported to the IRS, even when the gain may be excluded from tax in many cases. Whether the sale still belongs on a return can depend on factors like how long the home was owned and used, whether it was a primary residence, and whether any p For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.