1099-S Form

Business, Legal & Accounting Glossary

Definition: 1099-S Form


1099-S Form


Full Definition of 1099-S Form


Proceeds From Real Estate Transactions. This form is used by individual taxpayers to report the sale or exchange of real estate in a given year. Taxpayers are required to report any transaction that consists in whole or in part of the sale or exchange for money, indebtedness, property, or services of any present or future ownership of improved or unimproved land (this includes air space), inherently permanent structures, a condominium unit and its appurtenant fixtures and common elements, and stock in a cooperative housing corporation.


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1099-S Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/1099-s-form/.
Chicago Manual of Style (CMS):
1099-S Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/1099-s-form/ (accessed: December 04, 2021).
American Psychological Association (APA):
1099-S Form. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/1099-s-form/

Definition Sources


Definitions for 1099-S Form are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.