All real estate sales must be reported to the Internal Revenue Service after closing using a:________

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asked Jul 25, 2021 209k views

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Alishia · Answer 1 · 2021-08-01T04:49:57+0000

Answer: form 1099-S

Step-by-step explanation:

A good number of real estates closing has to give detailed account to the Internal Revenue Service (IRS) making use of form 1099-S, with the information which includes income from the real estate transaction, the selling price, the social security number of the seller.

All real estate sales must be reported to the Internal Revenue Service after closing using a:________

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