16.16 Do I need a 1099 record for my transaction? How will I know that I need one?
16.16 Do I need a 1099 record for my transaction? How will I know that I need one?
The IRS Form 1099-S reports to the Internal Revenue Service (IRS) the sale or exchange of reportable real estate for each closing file. This form may be sent manually or electronically. For more information, please contact the IRS or browse to: http://www.irs.gov/instructions/i1099s/index.html.
The IRS Form 1099-S reports to the Internal Revenue Service (IRS) the sale or exchange of reportable real estate for each closing file. This form may be sent manually or electronically. For more information, please contact the IRS or browse to: http://www.irs.gov/instructions/i1099s/index.html.
06/26/2015