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Level 1
April 3, 2023
Question

1099-patr

  • April 3, 2023
  • 1 reply
  • 6 views

I bought into a mobile home coop in 2019 for $70,000 in 2022 I sold the land portion of the coop for $230,000 and retained ownership of the mobile home. I received a 1099-patr for the $230,000. where and how is this transaction reported

1 reply

PatriciaV
Level 15
April 6, 2023

Please clarify which box on Form 1099-PATR contains the income you received. This will influence how this amount is reported on your return.

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