Learn
how to complete the 1099-S form properly and accurately.
When certain types of real estate are sold, the IRS requires that a Form 1099-S be filed. The purpose of this form is to ensure that sellers are properly reporting their gross proceeds and recognizing the property capital gain on the annual income tax return.
This topic will help to explain the requirements for filing Form 1099-S and will provide guidance on how to properly complete the Form 1099-S. This information is a must for those who struggle with 1099-S reporting, as it will look into the details of when the form is required and how to complete it properly and completely.
Learning Objectives:
- You will be able to discuss form 1099-S.
- You will be able to identify who must file.
- You will be able to describe types of reportable transactions.
- You will be able to explain exempt transfers and transactions.
This Live Webinar Covers These Hot Issues:
Introduction to Form 1099-S
- Who Must File
- Deadlines for Filing
- What Information Is Required
Types of Reportable Transactions
- Transactions Requiring Form 1099-S
- Exempt Transferors
- Exempt Transactions
Case Studies
Credit Information (Sponsored by Lorman Education Services):
- CPE
- AIPB
- NASBA
- EnrolledAgents
For Detailed Credit Information page
click here
Only registered attendee will receive continuing education credit.
Faculty
Brian T. Lovett, CPA, CGMA, JD, WithumSmith+Brown
- Partner in the East Brunswick, NJ office of WithumSmith+Brown PC
- Practice emphasizes all aspects of real estate
- Conducts regular seminars and workshops on numerous tax issues impacting the real estate industry
- Author of several publications related to various real estate matters
- J.D. degree, Rutgerts Law School- Camden; B.S. degree in accountancy, The College of New Jersey
- Can be contactd at blovett@withum.com, 732-964-9343 or on Twitter® @briantlovett
(Not available outside the US)