Get Form 2119

Filling out Form 2119 is an essential step for reporting the sale of your main home, and it can be efficiently completed online. This guide provides you with clear, step-by-step instructions to ensure you navigate each section of the form with ease.

Follow the steps to fill out Form 2119 accurately online.

1. Click 'Get Form' button to obtain the form and open it in your online editor.
2. Begin by entering the date of sale in line 1. If you received a Form 1099-S, refer to box 1 for the date.
3. On line 2, if you report the gain using the installment method, ensure to complete the necessary lines on Form 2119 first.
4. Address line 4 by indicating whether any part of your old home was rented or used for business; answer 'Yes' if applicable.
5. Line 5 requires you to enter the gross sales price of your old home. This includes all forms of payment and property received.
6. On line 6, list the total expenses you incurred while selling your old home, including commissions and fees.
7. For line 18, enter the amount spent on work done to enhance the sale within the specified timeframes.
8. In line 21b, input the total cost incurred for your new home, detailing all pertinent expenses.
9. Finally, once all information is accurately entered, you can save changes, download, print, or share the completed form.

Complete your Form 2119 online today and ensure your tax reporting is accurate and timely.