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Entering a 1099-S from the sale of rental property
I got a 1099-S from the title company for the sale of a group of rental properties I sold this year. There is no place to enter the information like you would for a 1099-NEC or a 1099-MISC. The only place I see to enter the sale info is in the "Sale of Property/Depreciation" section for each property. Do I just need to make sure the total sale entered per property adds up to the total reported to me on the 1099-S? I was expecting to see a series of fields to fill in with the information on that form like you do for any other 1099 (the filer's TIN, their address, etc).
‎January 30, 2022
8:13 AM