Tag Archives: SOLD sign

*Tax Quips, 1099s, Capital Losses, Form 8949 - Capital Gains and Losses, Personal Residence Exclusion

Sold Daughter’s Home

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*Tax Quips, Capital Assets, Capital Gains Tax, Corporations, Depreciation, Real estate, Recapture, S Corporations

Real Estate Sales

Posted on by TaxMama

Today TaxMama hears from Fred in the TaxQuips Forum, with a technical question. “Page 32 of the 2010 Instructions for Form 1120S (the S Corporation tax form) explains how to determine the adjusted gain or loss to enter on line 15b of the 1120S schedule K-1 (the partners’ share of income and transactions). Then it […]

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