I’ve got a question about the 1099S form looking at the directions for it. I have a tax preparer but just trying to get straight in my head.
Since I closed several cash purchases myself without a broker, I have to get the sellers TIN and file a 1099S, correct?
Way I read the instructions, for the one’s I sold, though I don’t have to file it the buyer does, which I’d think is unlikely.
If anyone’s worked through this I’d like to hear it, otherwise I’ll let the tax guy figure it out in a few weeks.
- You must be logged in to reply to this topic.