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I just get Medicare, but we were given a1099-S Instruction for Transferor. With Medicare alone I don't think I pay anything. So does the money from the 1099-S count

I got the 1099-S because Puget Sound Energy Inc. paid for some land to move a telephone poleback
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1 Reply
ColeenD3
Expert Alumni

I just get Medicare, but we were given a1099-S Instruction for Transferor. With Medicare alone I don't think I pay anything. So does the money from the 1099-S count

Yes, they bought your land. This is income.

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