buying before selling house sale last year-2 1099-s forms received

[CDTX23478]

I chose “buying before selling” new style home purchase last year. I first sold my home to Company A for $200,000 and received a 1099-s form. Then, I bought my new house and after that Company A sold my house to Person B for $230,000. Company A returned additional proceeds of $30,000 to me and issued another 1099-s from. Two 1099-s forms have different filer’s TINs. How can I reflect this house transaction on Form 8949? Should I just add two numbers up to be the total proceeds in the Column d of Form 8949? Much appreciated! 

[DaveF1006 · Accepted solution]

It depends. It sounds like you received $230,000 altogether for the sale of your house and I would just make one $230,000 entry for total proceeds.

[CDTX23478]

Thank you for replying. I was thinking of the same thing, by adding two amounts together. However, two 1099-s forms have different filers TINs and the $30,000 one doesn’t have my sold home address on it. It makes me hesitated. Am I thinking too much 😅 thanks again! 

[DaveF1006]

I wouldn't be concerned that one of the 1099-S does not have the correct address just as long as you report the income. just make sure you keep these 1099-S along with copies of this year's tax return.