https://ttlc.intuit.com/community/taxes/discussion/re-1099-s/01/3583561#M1328691 <P>If it is from the sale of the main home, it may not be taxable. I can understand you getting a 1099-S for half the sale or not at all, for the whole amount is just wrong. You can <STRONG>ask for the issuer to correct it zero</STRONG> since your partner has the full amount on their 1099-S.</P> <P>&nbsp;</P> <P>If they won't, you will need to see if it is taxable. If it was a main home, go through the sale section and enter your half of the 1099-S. If it was a rental house or a second home, it gets more complicated. I think the easy way out of this would be to indicate the sale on sch D and then subtract the amount under other income.</P> Wed, 19 Mar 2025 23:55:06 GMT AmyC 2025-03-19T23:55:06Z https://ttlc.intuit.com/community/taxes/discussion/1099-s/01/3583464#M1328690 <P>Hello,</P><P>my partner owed the home that was sold and I received a 1099-s because I was the one taking abridge loan against the house for the purchase of a new home. I was only put on the deed of the house that was sold to get the bank approval. I am not listed on the new home as an owner. I have never owned property before and need to know how to handle the 1099-s. We both received the same 1099-s with the total profit from the sale. I never was part of the original purchase. I am just his girlfriend. Please help</P> Wed, 19 Mar 2025 23:19:38 GMT https://ttlc.intuit.com/community/taxes/discussion/1099-s/01/3583464#M1328690 Jem630 2025-03-19T23:19:38Z https://ttlc.intuit.com/community/taxes/discussion/re-1099-s/01/3583561#M1328691 <P>If it is from the sale of the main home, it may not be taxable. I can understand you getting a 1099-S for half the sale or not at all, for the whole amount is just wrong. You can <STRONG>ask for the issuer to correct it zero</STRONG> since your partner has the full amount on their 1099-S.</P> <P>&nbsp;</P> <P>If they won't, you will need to see if it is taxable. If it was a main home, go through the sale section and enter your half of the 1099-S. If it was a rental house or a second home, it gets more complicated. I think the easy way out of this would be to indicate the sale on sch D and then subtract the amount under other income.</P> Wed, 19 Mar 2025 23:55:06 GMT https://ttlc.intuit.com/community/taxes/discussion/re-1099-s/01/3583561#M1328691 AmyC 2025-03-19T23:55:06Z