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I have a rental property that I claim on my 1040 for 2018. I
I have a rental property that I claim on my 1040 for 2018. I haven't filed the taxed yet. I received a 1099-s from a company that paid me for the right away to lay pipe. How do I claim that on the ren… read more
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My wife and I built a home for in 2005, financed it
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Does the total amount from the 1099 S go on line 20 or do i
Does the total amount from the 1099 S go on line 20 or do i subtract the amount of the land first?… read more
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I am completing our taxes for 2018. We live in California
I am completing our taxes for 2018. We live in California and are retired. We received a 1099 for income generated via oil and gas exploration on a farm we have in Oklahoma dated 2018. The bank in Okl… read more
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We have a multiple member LLC. We received a 1099-s from a
We have a multiple member LLC. We received a 1099-s from a public utiility for payment received for an easement. Where does this get entered on form 1065. or, does this simply decrease the original va… read more
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How do i report a1099s for Easement on my land from Atlantic
how do i report a1099s for Easement on my land from Atlantic Coast Pipeline … read more
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I have a primary residence that has My name, my father's
I have a primary residence that has My name, my father's name and my mother's name are on title. My parents live in a different state. We are in escrow and the title company is asking how we want the … read more
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I received land damage payments from an oil company and gas
I received land damage payments from an oil company and gas pipeline, that took a large chuck of our property, and want declare these damage payments as a reduction in the cost basis of our land inste… read more
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I received Wetland Reserves Program payments in 2015 acres
I received Wetland Reserves Program payments in 2015 for 276 acres that was passed to me by family three years ago. The basis for the acreage is $2000, the per acreage payment from the Government was … read more
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, I'm trying to decide if I need to send out three 1099's
Hi, I'm trying to decide if I need to send out three 1099's this year or not. We have a company that is an LLC and we are building a house for ourselves through that company. In other words all the bi… read more
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Stephen.... I have a 1099-S from a land sale. The land
Stephen.... I have a 1099-S from a land sale. The land was owned by me and 2 other siblings. It was a cash sale. We were each issued a 1099-S that has a gross proceeds amount listed. We are trying to … read more
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I live in the state of Georgia and the Georgia Dept of Transportation
I live in the state of Georgia and the Georgia Dept of Transportation bought a portion of my residential property to widen the highway. I received a 1099 S that includes proceeds for the portion of la… read more
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Lev, Now I have a new question, very similar to what I asked
Lev, Now I have a new question, very similar to what I asked about me and the easement personally, but instead, this question is about an LLC. In addition to me receiving easement payments for propert… read more
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I received a 1099-s from a natural gas company (AGL Resources,
I received a 1099-s from a natural gas company (AGL Resources, Atlanta, GA) reporting gross proceeds of $500. This was payment/compensation for them to replace a 24" gas line along an easement that ru… read more
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I sold my business last year. I had and agreement with my CFO
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Who files the 1099s with the IRS for interest payments?
Who needs to file the 1099's with the IRS for interest payments made under a contract for deed land sale and provide the other party with a 1099? My Accountant says the seller of the land (holder of t… read more
socrateaser
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I received $20,000 for sale of property that was placed in
I received $20,000 for sale of property that was placed in my name by my Father before his death but I did it to share the profit of sale with my 3 siblings, which I did. The 1099-S is in my name and … read more
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We received a 1099-s form for capital gains on a property that
We received a 1099-s form for capital gains on a property that my mother in law was living in, but years ago she put the property in our name. She planned to live in it till she passed away and it was… read more
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