Hello,
I would like to know whether a 1099 - S is an appropriate form to be filed? This is my principal residence, and I have not sold the property, however I received a 1099 - S for $520,000 proceeds. There is a note that mentions "transfer" so I am concerned that I should not file the 1099 - S.
Oddly, I received a 1098 for interest on the same property. Something just does not seem right.
I would appreciate any help to guide me.
Have a superfantastic day,
