Where do I enter Form 1099-S?
You may get a 1099-S if you sold your home, a rental property, stock in a co-op or any other real estate, including land, permanent structures, or standing timber on your land.
Sale of your main home
If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Income section.
- Type “1099-s” in the Search box.
- Select the option for the “1099’s, sale of main home”.
- Select the “Jump to” link.
Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify for this exception.
Other real estate sales
If your 1099-S wasn’t for the sale of your main home, select the option below for step-by-step instructions: