Yes, you need to report the full sale price of the house, and you should also say yes to 1099S.
Whoever issued the 1099-S has made an error, but you can just use the correct figures on your tax return while acknowledging that you received a 1099-S.
If the amount on the 1099-S were more than the selling price, you would need to get a corrected form. From your side, reporting a higher figure than what is on your 1099-S doesn't cause any potential problems.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
