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Please clarify – what type of real estate transaction does your Form 1099-S reflect?
Is it:
There are different ways of inputting Form 1099-S data, depending on the type of transaction, and knowing this will be helpful in providing an answer.
Please see the TurboTax Help article Where do I enter Form 1099-S? for more information.
that's how it works.
there is no explicit panel to enter 1099-S and it doesn't show as such on your tax return
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