1099-S
Where do you record Proceeds from Real Estate Transaction?
Where do you record Proceeds from Real Estate Transaction?
Depends on whether it's the taxpayer's main home or a business property.
If it's the main home, then 8979 with F checked
If it's a business property (rental, investment, etc.), then 4797.
If you're asking where to enter it in ProSeries, click that awesome green "Where do I enter" button and type "1099-S." It should take you straight there.
Happy filing 🙂
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