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This article provides information about Form 1099-S.

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About Form 1099-S

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  • Taxpayers receive Form 1099-S to report proceeds from real estate transactions.

  • Proceeds from Form 1099-S are reported on Form 8949.

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  • Taxpayer’s may be able to exclude a portion of a real estate transaction for a personal home they lived in if they meet certain qualifications.

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Related Articles

Form 8949 Sales and Other Dispositions of Capital Assets