MaryK4
Expert Alumni

Home loans

Sometimes the 1099-S is issued to the wrong person or they issue it to two people for the total amount on each.  

 

"For multiple transferors of the same real estate, you must file a separate Form 1099-S for each transferor. At or before closing, you must request from the transferors an allocation of the gross proceeds among the transferors." Instructions for Form 1099-S (01/2022)

 

You can contact the issuer as request they correct it, but they rarely do and you cannot force them to.

 

If your daughter received the same 1099-S and reported the sale on her tax return there should be no problem.  

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