Skip to main content
June 4, 2019
Question

I bought land in 2018 the closing agent sent me a 1099S for the purchase price. They sent a corrected 1099S for $0.00 but how do I document that when I didn't sell?

  • June 4, 2019
  • 1 reply
  • 0 views
No text available

    1 reply

    June 4, 2019

    You don't -- you will only report the sale of the land.

    Just keep the 1099-S in a safe place.  It contains important information that you will need if you sell the land in the future.