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Form 4797 ?
I have a multimember LLC that finances the construction of residential homes. We sold our first home in 2021 and will receive a 1099 S from the title company for our share of the proceeds. As I'm roughing out taxes it seems to me that I need to report the gain on form 4797 Part II but I can't seem to get TT to let me do this. So I guess my question is where/how do I report the info from the 1099 S?
‎January 1, 2022
9:58 AM