Form 1099-S

Form 1099-S

A form one files with the IRS to report the sale of real estate. Any profit on the sale of real estate is taxable.
References in periodicals archive ?
TitleVest announced the launch of a free service for preparing and filing of IRS Form 1099-S.
98-20, the Service has set forth the acceptable form of written assurances that a person reporting real estate transactions must obtain from the seller to avoid filing Form 1099-S.
A little-known document that can get you snagged is Form 1099-S, on which real estate agents report house sales.