Information about Form 1099-S

Select a link below to go directly to a topic or read through the document to learn about Form 1099-S.

• What is Form 1099-S?
• How do I Enter Form 1099-S?

Form 1099-S is used to report sales or exchanges of real estate, including any of the following:

• Improved or unimproved land, including air space.
• Inherently permanent structures, including any residential, commercial or industrial building.
• A condominium unit and its appurtenant fixtures and common elements, including land.
• Stock in a cooperative housing corporation.

Mobile homes that are not permanently fixed to a foundation are not included in the reporting requirements for Form 1099-S. You should receive this form by February 1, of the current year.

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Here's how to get to the 1099-S screens in the TurboTax Online:

1. Select the Tools button in the upper right-hand portion of the screen. 
2. Select Topic Search. 
3. When the window opens, type "1099-s" into the box, select the item that best describes the 1099-S that you received, and then select GO. 
4. Follow the on-screen instructions to enter the information from your 1099-S.
    

Here's how to get to the 1099-S screens in the TurboTax desktop or CD/download version:

1. Enter your cursor into the search box in the upper right-hand portion of the screen. 
2. Type "1099-s" into the box, click on the item that best describes the 1099-S that you received. 
3. Follow the on-screen instructions to enter the information from your 1099-S.