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Instructions for Form 1099 S Instructions for Form 1099 S, Proceeds from Real Estate Transactions

Instructions for Form 1099 S Instructions for Form 1099 S, Proceeds from Real Estate Transactions

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Quick guide on how to complete instructions for form 1099 s instructions for form 1099 s proceeds from real estate transactions 5441933

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what is IRS form 1099s who's responsible for filing it and how do you do that if you want to know the answer to these questions and all of the details in between keep watching where eforms you are goto destination for simplifying business legal taxes and more to get started filling out your own 1099s click the link in the description below this video what is the IRS form 1099s a 1099s is a document used to report the sale or exchange of real estate it's a record that show shows how much money changes hands when someone sells a piece of property such as a house or a plot of land this form is important for taxes because it helps the government keep track of any gains or losses from the sale which might affect how much tax you owe who needs to file a 1099s generally the person that closes the transaction is required to file the 1099s this is usually the settlement agent listed on the closing disclosure but it might also be the transferee or transfers attorney the mortgage

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