Get 1099 Solicitation

Completing the 1099 Solicitation form online is essential for reporting real estate transactions to the IRS. This guide provides clear, step-by-step instructions to help you navigate the process smoothly.

Follow the steps to fill out the 1099 Solicitation form effectively.

1. Press the ‘Get Form’ button to access the form and open it in your browser.
2. Enter your file number in the designated section. This number helps identify your transaction.
3. Fill in the closing date. This should reflect the date the transaction is completed.
4. Provide the name of the closer responsible for the transaction. This may be the title agent or attorney overseeing the closing process.
5. Input the common address of the sold property. This should be the full address including street, city, state, and zip code.
6. Indicate the gross sales proceeds from the transaction. This is the total amount received from the sale before any deductions.
7. Specify the total proceeds allocated to this seller. If this amount is less than 100%, a 1099 form is required for each recipient, ensuring the total of all 1099 forms equals 100%.
8. Fill in your name as the seller-taxpayer and your mailing address to receive future communications regarding this form.
9. Provide your social security number or federal identification number in the appropriate field.
10. Check the appropriate category for the property being sold, such as Principal Residence, Other Real Estate, or Tax Exempt.
11. Answer questions regarding the sale of your principal residence, ensuring to check true or false as necessary.
12. Sign the certification section, affirming the information provided is true under penalties of perjury.
13. Complete the date of your signature to finalize the form.
14. Once all information is filled out and verified, you may save changes, download, print, or share the completed form as needed.

Complete your 1099 Solicitation form online today for accurate reporting.