Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:appliesTo |
real estate brokers
sellers of real estate settlement agents |
| gptkbp:availableOn |
irs.gov
|
| gptkbp:copyProvidedTo |
seller
|
| gptkbp:dueDateToIRS |
February 28 (paper) or March 31 (electronic) following the year of transaction
|
| gptkbp:dueDateToRecipient |
January 31 following the year of transaction
|
| gptkbp:excludes |
certain foreclosures
certain gifts certain transfers to government entities |
| gptkbp:filingDate |
gptkb:IRS
|
| gptkbp:filingMethod |
required for most real estate transactions
|
| gptkbp:firstIssueDate |
1986
|
| https://www.w3.org/2000/01/rdf-schema#label |
Form 1099-S
|
| gptkbp:issuedBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:partOf |
gptkb:1099_series
|
| gptkbp:penaltyForNonFiling |
IRS penalties may apply
|
| gptkbp:provides |
address or legal description of property
date of closing gross proceeds transferor's name and address transferor's taxpayer identification number |
| gptkbp:publicLawNumber |
gptkb:1099-S
|
| gptkbp:reportsTo |
gross proceeds from sale or exchange of real estate
|
| gptkbp:requires |
gptkb:Internal_Revenue_Code_Section_6045(e)
|
| gptkbp:usedFor |
reporting proceeds from real estate transactions
|
| gptkbp:bfsParent |
gptkb:IRS_Form_1099
|
| gptkbp:bfsLayer |
5
|