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Usually the transferring agent will send a 1099-S. If you don't receive one, I would call them to find out for sure. If you don't receive one, you can enter the transaction using your closing statement. Land sales are entered under Investment Income, Stocks, Mutual Funds, Bonds, Other (Schedule D).
Usually the transferring agent will send a 1099-S. If you don't receive one, I would call them to find out for sure. If you don't receive one, you can enter the transaction using your closing statement. Land sales are entered under Investment Income, Stocks, Mutual Funds, Bonds, Other (Schedule D).
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