If the closing agent at title co. does not issue a 1099s form how does the Irs have any knowledge of any profit from sale ,since the title co. did not report
If you do not meet the requirements for capital gains exclusion, the title company reports your sale to the IRS and gives you a 1099-S. If you did not get a 1099, then you do not report the sale on your tax return.
Best to direct your income tax related questions to the Tax Strategies Forum
If you do not meet the requirements for capital gains exclusion, the title company reports your sale to the IRS and gives you a 1099-S. If you did not get a 1099, then you do not report the sale on your tax return.
Best to direct your income tax related questions to the Tax Strategies Forum