Substitute Form 1099 S – Fill Out and Use This PDF

Substitute Form 1099 S is a one-page form that you will use to report interest and dividend income if an IRS recipient does not give you a Form 1099 or the information on it is incorrect.

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Substitute Form 1099 S PDF Details

In the listing, there's some information regarding the substitute form 1099 s. It is really worth taking a few minutes to read this before you start filling out your form.

Question	Answer
Form Name	Substitute Form 1099 S
Form Length	6 pages
Fillable?	Yes
Fillable fields	1
Avg. time to fill out	1 min 42 sec
Other names	what is substitute form 1099 s, what is a 1099s form, substitute 1099, what is a substitute 1099 s form

12

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Attention:

Copy A of this form is provided for informational purposes only. Copy A appears in red, similar to the official IRS form. The official printed version of Copy A of this IRS form is scannable, but the online version of it, printed from this website, is not. Do not print and file copy A downloaded from this website; a penalty may be imposed for filing with the IRS information return forms that can’t be scanned. See part O in the current General Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more information about penalties.

Please note that Copy B and other copies of this form, which appear in black, may be downloaded and printed and used to satisfy the requirement to provide the information to the recipient.

To order official IRS information returns, which include a scannable Copy A for filing with the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on Employer and Information Returns, and we’ll mail you the forms you request and their instructions, as well as any publications you may order.

Information returns may also be filed electronically using the IRS Filing Information Returns Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act Information Returns (AIR) program (visit www.IRS.gov/AIR).

See IRS Publications 1141, 1167, and 1179 for more information about printing these tax forms.

7575	VOID	CORRECTED
FILER’S name, street address, city or town, state or province, country,			1	Date of closing		OMB No. 1545-0997
ZIP or foreign postal code, and telephone number						Form 1099-S
						Form 1099-S				Proceeds From Real
										Proceeds From Real
			2	Gross proceeds		(Rev. January 2022)				Estate Transactions
						For calendar year
			$			20
			$			20
FILER’S TIN	TRANSFEROR’S TIN		3	Address (including city, state, and ZIP code) or legal description							Copy A
											For
											Internal Revenue
TRANSFEROR’S name											Internal Revenue
TRANSFEROR’S name											Service Center
											Service Center
											File with Form 1096.
			4	Check here if the transferor received or will receive							File with Form 1096.
			4	Check here if the transferor received or will receive							For Privacy Act
				property or services as part of the consideration					▶
Street address (including apt. no.)				property or services as part of the consideration					▶
Street address (including apt. no.)											and Paperwork
											and Paperwork
			5	Check here if the transferor is a foreign person							Reduction Act
City or town, state or province, country, and ZIP or foreign postal code				(nonresident alien, foreign partnership, foreign estate,							Notice, see the
				or foreign trust) . . . .		. . . . .			▶		current General
											Instructions for
Account number (see instructions)			6	Buyer’s part of real estate tax							Certain Information
			$								Returns.
Form 1099-S (Rev. 1-2022)	Cat. No. 64292E		www.irs.gov/Form1099S			Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page

CORRECTED (if checked)

FILER’S name, street address, city or town, state or province, country,		1	Date of closing		OMB No. 1545-0997
ZIP or foreign postal code, and telephone number					Form 1099-S
					Form 1099-S				Proceeds From Real
									Proceeds From Real
		2	Gross proceeds		(Rev. January 2022)				Estate Transactions
					For calendar year
		$			20
		$			20
FILER’S TIN	TRANSFEROR’S TIN	3	Address (including city, state, and ZIP code) or legal description							Copy B
										For Transferor
TRANSFEROR’S name										This is important tax
										information and is being
										furnished to the IRS. If
		4	Transferor received or will receive property or services							furnished to the IRS. If
		4	Transferor received or will receive property or services							you are required to file a
Street address (including apt. no.)			as part of the consideration (if checked) . . .							you are required to file a
Street address (including apt. no.)			as part of the consideration (if checked) . . .					▶		return, a negligence
								▶
										penalty or other
		5	If checked, transferor is a foreign person (nonresident							penalty or other
		5	If checked, transferor is a foreign person (nonresident							sanction may be
City or town, state or province, country, and ZIP or foreign postal code			alien, foreign partnership, foreign estate, or foreign							sanction may be
			alien, foreign partnership, foreign estate, or foreign							imposed on you if this
			trust)		. . . . .			▶		imposed on you if this
			trust)		. . . . .			▶		item is required to be
										item is required to be
										reported and the IRS
Account number (see instructions)		6	Buyer’s part of real estate tax							reported and the IRS
Account number (see instructions)		6	Buyer’s part of real estate tax							determines that it has
		$								not been reported.
Form 1099-S (Rev. 1-2022)	(keep for your records)	www.irs.gov/Form1099S			Department of the Treasury - Internal Revenue Service

Instructions for Transferor

For sales or exchanges of certain real estate, the person responsible for closing a real estate transaction must report the real estate proceeds to the IRS and must furnish this statement to you. To determine if you have to report the sale or exchange of your main home on your tax return, see the Instructions for Schedule D (Form 1040). If the real estate was not your main home, report the transaction on Form 4797, Form 6252, and/or the Schedule D for the appropriate income tax form. If box 4 is checked and you received or will receive like-kind property, you must file Form 8824.

Federal mortgage subsidy. You may have to recapture (pay back) all or part of a federal mortgage subsidy if all the following apply.

•You received a loan provided from the proceeds of a qualified mortgage bond or you received a mortgage credit certificate.

•Your original mortgage loan was provided after 1990.

•You sold or disposed of your home at a gain during the first 9 years after you received the federal mortgage subsidy.

•Your income for the year you sold or disposed of your home was over a specified amount.

This will increase your tax. See Form 8828 and Pub. 523.

Transferor’s taxpayer identification number (TIN). For your protection, this form may show only the last four digits of your TIN (social security number (SSN), individual taxpayer identification number (ITIN), adoption taxpayer identification number (ATIN), or employer identification number (EIN)). However, the issuer has reported your complete TIN to the IRS.

Account number. May show an account or other unique number the filer assigned to distinguish your account.

Box 1. Shows the date of closing.

Box 2. Shows the gross proceeds from a real estate transaction, generally the sales price. Gross proceeds include cash and notes payable to you, notes assumed by the transferee (buyer), and any notes paid off at settlement. Box 2 does not include the value of other property or services you received or will receive. See Box 4.

Box 3. Shows the address or legal description of the property transferred.

Box 4. If checked, shows that you received or will receive services or property (other than cash or notes) as part of the consideration for the property transferred. The value of any services or property (other than cash or notes) is not included in box 2.

Box 5. If checked, shows that you are a foreign person (nonresident alien, foreign partnership, foreign estate, or foreign trust).

Box 6. Shows certain real estate tax on a residence charged to the buyer at settlement. If you have already paid the real estate tax for the period that includes the sale date, subtract the amount in box 6 from the amount already paid to determine your deductible real estate tax. But if you have already deducted the real estate tax in a prior year, generally report this amount as income on the “Other income” line of Schedule 1 (Form 1040). For more information, see Pub. 523, Pub. 525, and Pub. 530.

Future developments. For the latest developments related to Form

1099-S and its instructions, such as legislation enacted after they were published, go to www.irs.gov/Form1099S.

Free File Program. Go to www.irs.gov/FreeFile to see if you qualify for no-cost online federal tax preparation, e-filing, and direct deposit or payment options.

	VOID	CORRECTED
FILER’S name, street address, city or town, state or province, country,			1	Date of closing		OMB No. 1545-0997
ZIP or foreign postal code, and telephone number						Form 1099-S
						Form 1099-S				Proceeds From Real
										Proceeds From Real
			2	Gross proceeds		(Rev. January 2022)				Estate Transactions
						For calendar year
			$			20
			$			20
FILER’S TIN	TRANSFEROR’S TIN		3	Address (including city, state, and ZIP code) or legal description							Copy C
											For Filer
TRANSFEROR’S name

Street address (including apt. no.)			4	Check here if the transferor received or will receive							For Privacy Act
Street address (including apt. no.)				property or services as part of the consideration					▶		and Paperwork
									▶
											Reduction Act
			5	Check here if the transferor is a foreign person							Reduction Act
			5	Check here if the transferor is a foreign person							Notice, see the
City or town, state or province, country, and ZIP or foreign postal code				(nonresident alien, foreign partnership, foreign estate,							Notice, see the
				or foreign trust) . . . .		. . . . . ▶					current General
				or foreign trust) . . . .		. . . . . ▶					current General
											Instructions for
Account number (see instructions)			6	Buyer’s part of real estate tax							Certain Information
			$								Returns.
			$
Form 1099-S (Rev. 1-2022)		www.irs.gov/Form1099S				Department of the Treasury - Internal Revenue Service

Instructions for Filer

To complete Form 1099-S, use:

•The current General Instructions for Certain Information Returns, and

•The current Instructions for Form 1099-S.

To order these instructions and additional forms, go to www.irs.gov/EmployerForms.

Caution: Because paper forms are scanned during processing, you cannot file certain Forms 1096, 1097, 1098, 1099, 3921, or 5498 that you print from the IRS website.

Filing and furnishing. For filing and furnishing instructions, including due dates, and requesting filing or furnishing extensions, see the current General Instructions for Certain Information Returns.

Foreign transferors. Sales or exchanges involving foreign transferors are reportable on Form 1099-S. For information on the transferee’s responsibility to withhold income tax when a U.S. real property interest is acquired from a foreign person, see Pub. 515.

Need help? If you have questions about reporting on Form 1099-S, call the information reporting customer service site toll free at 866-455-7438 or 304-263-8700 (not toll free). Persons with a hearing or speech disability with access to TTY/TDD equipment can call 304-579-4827 (not toll free).

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Note the demanded particulars in the area VOID, CORRECTED, Date, of, closing Gross, proceeds OM, B, No, FormS, Rev, January For, calendar, year Proceeds, From, Real, Estate, Transactions FILER, ST, IN TRANSFER, OR, ST, IN TRANSFER, OR, S, name Street, address, including, apt, no Account, number, see, instructions and Cat, No, E

step 2 to finishing substitute 1099

Jot down the vital information in CORRECTED, if, checked Date, of, closing Gross, proceeds OM, B, No, FormS, Rev, January For, calendar, year Proceeds, From, Real, Estate, Transactions FILER, ST, IN TRANSFER, OR, ST, IN TRANSFER, OR, S, name Street, address, including, apt, no as, part, of, the, consideration, if, checked Account, number, see, instructions FormS, Rev and keep, for, your, records part.

substitute 1099 CORRECTEDifchecked, Dateofclosing, Grossproceeds, OMBNoFormSRevJanuary, Forcalendaryear, ProceedsFromRealEstateTransactions, FILERSTIN, TRANSFERORSTIN, TRANSFERORSname, Streetaddressincludingaptno, aspartoftheconsiderationifchecked, Accountnumberseeinstructions, FormSRev, and keepforyourrecords fields to insert

In the box VOID, CORRECTED, Date, of, closing Gross, proceeds OM, B, No, FormS, Rev, January For, calendar, year Proceeds, From, Real, Estate, Transactions FILER, ST, IN TRANSFER, OR, ST, IN TRANSFER, OR, S, name Street, address, including, apt, no Account, number, see, instructions FormS, Rev Buyers, part, of, real, estate, tax and Copy, C, For, Filer identify the rights and responsibilities of the parties.

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