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Level 2
Feb 9, 2022 5:24 PM UTC
Solved

1099-s

Do I need a 1099-S for the sale of my Rental Property in order to file my taxes?

I have all the settlement sale information.

    ColeenD3
    ColeenD3Answer
    Alumni - Intuit
    Feb 9, 2022 5:35 PM UTC

    No, you do not need a 1099-S. If you rented the property during 2021, enter the sale in the Rental Section. If you did not rent at all in 2021, Enter it in Sale of Business Property.

     

    1 reply

    ColeenD3
    ColeenD3Answer
    Alumni - Intuit
    Feb 9, 2022 5:35 PM UTC

    No, you do not need a 1099-S. If you rented the property during 2021, enter the sale in the Rental Section. If you did not rent at all in 2021, Enter it in Sale of Business Property.