NO 1099s

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  • SueBaby
    Senior Member
    • Jan 2006
    • 555

    #1

    NO 1099s

    Client sold house trailer for $16,500 -- bought it for $20,000. They have papers on it but no 1099-S. Can I go ahead and use it on Sch D or not---since no 1099 on it?


    Also a client has a pension that the church gives to him for preaching----NO 1099-R. I tried to put that on line 16a--pensions without a 1099-R and the software said I had to mail the return. Why? Doesn't it belong there?
    SueBaby
  • gkaiseril
    Senior Member
    • Feb 2007
    • 567

    #2
    Type of House

    Personal Residence, Primary or other (second home, vaction home) - no loss recognized on personal use property real estate or not real estate.

    If used for rental property, use form 4797 for sale of business use property.

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