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1099 S is not available yet
I did not sell a home. I sold vacant land.
The sale of land would be an investment sale. You can enter this sale following the instructions in the link below.
Same thing when a house is inherited! None of the so called pros knew what to do with it either! It changes to a 10-99B every time! PIsses me off!
@bam0271 , this is a very old thread. Please if you do have a question, start a new thread and provide details. Don't know what to do with this post --- because all sales whether reported on 1099-S or 1099-B ultimately go to either 8949 and/or Schedule-D and on to form 1040. Purchase, gift or inheritance just affects/ supports the Basis of the asset.
So Sorry, I din't realize a year old was a very old post. Disregard.
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