Sold a second home. TT is asking "Enter the name of the person or financial institution that brokered this sale". What does that mean? The lawyers? The realtor? Me?

Forum|Forum|1 year ago
February 26, 2025
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Best answer by SharonD007

If you received Form 1099-S,enter the Filer's name. Use the title company if you didn't receive Form 1099-S.

"For sales or exchanges of certain real estate, the person responsible for closing a real estate transaction must report the real estate proceeds to the IRS ."

Refer to the IRS instructions for transferer on Instructions for Form 1099-S for more information,

SharonD007Answer

If you received Form 1099-S,enter the Filer's name. Use the title company if you didn't receive Form 1099-S.

"For sales or exchanges of certain real estate, the person responsible for closing a real estate transaction must report the real estate proceeds to the IRS ."

Refer to the IRS instructions for transferer on Instructions for Form 1099-S for more information,

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