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jbrossy
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Two 1099-S for Sale of Home Owned by Husband and Wife

We received two 1099-S forms splitting the sales price for the home my wife and I own. It seems it would have been easier to have only one form. Do we just add the two together and continue our taxes that way?

 

 

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Two 1099-S for Sale of Home Owned by Husband and Wife

Yes, add the amounts from the two Form 1099-S together to use the sum as your proceeds when reporting the sale of the property.

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