debbi.riordan
Level 2
03-01-2021
05:05 PM
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Client received a 1099S for sale and a 1099MISC for rents from granting an easements for the DOT to construct a sound wall on the edge of the property. Seems like we should just adjust the basis but since the 1099's were issued how do I report?
sjrcpa
Level 15
03-01-2021
05:30 PM
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Only ask once. It's all the same place.
The more I know the more I don’t know.
debbi.riordan
Level 2
03-03-2021
06:49 AM
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I was adding the fact that they also received a 1099misc for rents as well as the 1099s reported as a sale, so that is why I posted a second question.