https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1099s/01/1157640#M125701 <P>Received a 1099S (Proceeds from Real Estate Transaction).. It includes an amount in Box 6 for real estate taxes.&nbsp; How do I handle this in Turbo Tax</P> Sat, 15 Feb 2020 05:25:42 GMT selraf 2020-02-15T05:25:42Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1099s/01/1157640#M125701 <P>Received a 1099S (Proceeds from Real Estate Transaction).. It includes an amount in Box 6 for real estate taxes.&nbsp; How do I handle this in Turbo Tax</P> Sat, 15 Feb 2020 05:25:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1099s/01/1157640#M125701 selraf 2020-02-15T05:25:42Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099s/01/1158526#M125755 <P><SPAN style="font-size:12pt"><SPAN style="font-family:&quot;Times New Roman&quot;,serif"><SPAN style="font-size:11.0pt"><SPAN style="font-family:&quot;Calibri&quot;,sans-serif"><SPAN style="color:#2d3338">When you report in TurboTax the real estate taxes <STRONG>you paid </STRONG>for the year, you should<STRONG> exclude anything reported in box 6 on Form 1099-S</STRONG>, because <STRONG>at closing the buyer reimbursed this much of the taxes you paid</STRONG>.&nbsp; Box 6 on Form 1099-S reports the buyer's portion of the real estate taxes you paid during the year.&nbsp;&nbsp;</SPAN></SPAN></SPAN></SPAN></SPAN></P> <P>&nbsp;</P> <P>&nbsp;</P> Sat, 15 Feb 2020 14:42:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-1099s/01/1158526#M125755 DavidS127 2020-02-15T14:42:42Z