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Old 04-11-2015, 07:05 PM
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1099-s

After filing my taxes and receiving a refund I received a 1099-s form for the sale of some land. I am planning on amending my tax return on a 1040x but im not sure where I need to show the gross proceeds from line two of the 1099-s. Can someone please help me? Thanks



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Old 04-12-2015, 03:48 AM
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Quote:
Originally Posted by ddotf33 View Post
After filing my taxes and receiving a refund I received a 1099-s form for the sale of some land. I am planning on amending my tax return on a 1040x but im not sure where I need to show the gross proceeds from line two of the 1099-s. Can someone please help me? Thanks
Sale of land that you held for more than 1 would indeed be reported in the Long Term section of Sch D



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