Hal_Al
Level 15

Deductions & credits

Q. Who would be responsible to send the 1099s form?

A. The closing agent.

The 1099-S is usually part of your closing papers. That is, it is not sent to in January of the next year,  like other tax documents are.  Sometimes, you will not get a 1099-S, if the closing agent knows none of it is taxable.