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Deductions & credits
Since a 1099-S was issued, IRS will be looking for this amount on your tax return. Since this was a rental property, you may have some depreciation that needs to be recaptured. You may want to seek the assistance of a local tax professional to help you get this reported correctly and avoid any issues with IRS down the line.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
September 19, 2019
10:23 AM