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Deductions & credits
No, you should not get a 1099-S. The 1099-S, is for the person that owns the house. Having a lien on the house does not make you owner of the house, it just means you have a claim the the money in the house. The 1099-S will go to your brother.
Since it sounds like this was a repayment of a loan without interest, and had nothing to do with work you performed or services offered, you will not have any tax consequences or reporting requirements for the loan that was paid back to you.
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January 23, 2024
6:49 PM