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Level 3
December 7, 2019
Solved

My client sold vacant land they were holding so they could build on some day. Their plans changed and they sold it. Where do I show this?

  • December 7, 2019
  • 5 replies
  • 17 views

My client received a 1099-S from the sale.

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Best answer by IRonMaN

Schedule D sounds good.  They sold it for a gain, didn’t they?

5 replies

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

Schedule D sounds good.  They sold it for a gain, didn’t they?

Slava Ukraini!
wjh4848Author
Level 3
December 7, 2019
Thank you.  They sold it at a gain.  The 1099-S through me.