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 Milestone 4 1099s Form Attention Copy a of This Form 2022

1098 T 2022-2025 Form

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What makes the irs 1099 2015 legally valid?

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hi guys this is erica from goku capital now before i begin be sure to subscribe to our youtube channel and turn on notifications about a year into our business i had a panic moment i had just read an article about an important irs form and realized that we had never submitted one on any of the closings we had completed in-house on the nearly 50 properties we had sold to this point what was i supposed to do now was the irs about to come after me well i'll let you know what happened at the end of this video but as you may have guessed the form i had missed was the irs 1099-s yes this is not the most exciting topic for a video but keep watching since this little form is a very important part of real estate closings and here are the top things you need to know number one the irs form 1099-s is a tax document that is generally filed as part of the closing process it ensures that the full amount of capital gains received in a real estate sale is accurately reported to the irs number

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