HI Irene,
I have already done so. However, this still does not address the concern in my original post re. the inability to associate this second home sale with a 1099-S that I received. The 1099-S is an IRS allowable form for reporting "Proceeds from a Real Estate Transaction".
So, there is a concern of being audited for unreported additional income (as reported in the 1099-S). How do you propose doing so, given that by choosing "No" to the 1099-B, I am unable to modify the "No Financial Institution" that that choice forces into the field that would have been correctly populated if a 1099-B was selected.
I believe I can override that field in Forms mode and enter the institution's name in the Form 1099-B Worksheet that gets populated if one follows the steps you outlined and which I had already done. Is that advisable, given that it provides needed information? Also, since a 1099-S will be submitted, should I be unchecking the "Transaction not reported to the IRS" box in that worksheet that appears to be the default when the choice of not having received a 1099-B is selected? Please let the community know. Thanks.
