Form 1099 S shows Gross Proceeds on sale of invest. land. Where do I show Real Estate Commission/other expenses to arrive at Net Proceeds and reflect correct gain?
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Form 1099 S shows Gross Proceeds on sale of invest. land. Where do I show Real Estate Commission/other expenses to arrive at Net Proceeds and reflect correct gain?
Form 1099 S shows Gross Proceeds on sale of invest. land. Where do I show Real Estate Commission/other expenses to arrive at Net Proceeds and reflect correct gain?
Commission is the basis of property sold. To enter your 1099-S in TurboTax, please follow the instructions below under Other Real Estate Sales for sale of land.