- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You should report the amount listed on the Form 1099-S. The IRS will look for that amount on your tax return and if it differs they may take exception to that. You can add the property tax to the cost of the property to cancel it out.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 20, 2025
5:37 PM