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posted Feb 28, 2021 9:18:40 AM

I am filling out the section on the Form 1099-S and I am confused about the "sales Expenses" what number from my "settlement statement" should I be inputting?

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1 Replies
Expert Alumni
Feb 28, 2021 9:34:12 AM

There is no specific numbers, but you can look for these expenses.

 

  • Title fees
  • real estate commissions
  • documentary stamps
  • credit report costs
  • costs of an abstract
  • transfer taxes
  • home inspection
  • flood certificate
  • attorney fees