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where does a 1099 s belong if it is property not a home. I sold property. I received a 1099-s . my spouse and child owned the property.

my spouse and I received a 1099-s and so did child. It was split between the three of us. Child does their own taxes so is not a dependent of me.
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1 Reply
SusanY1
Employee Tax Expert

where does a 1099 s belong if it is property not a home. I sold property. I received a 1099-s . my spouse and child owned the property.

You will enter this information under investments in "Stocks, Bonds, and Other" (as "other").  

If the 1099-S reports the full value of the sale, enter only the portion that is attributable to your third. 

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