EFTA00089308¶
Substitute FORM 1099-S¶
Proceeds From Real Estate Transactions For The Tax Year 2019 OMB No. 1545-0997¶
FILER’S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone number¶
Hudkins Law PLLC¶
9 Newport Road¶
New London, NH 03257¶
Telephone: Fax:¶
| FILER'S federal identification number |
| Account or escrow number(see instructions) |
TRANSFEROR’S name, street address (including apt. no.), city or town, state or province, country, and ZIP or foreign postal¶
TRANSFEROR’S identification number(s)¶
| 1 Date of closing December 13,2019 | 2 Gross Proceeds $1,070,750.00 | |
| 3 Address or legal description(including city,state,and ZIP code) Bradford,NH03221 | For Privacy Act and Paperwork Reduction Act Notice,see the2017 General Instructions forCertain Information Returns. | |
| 4 Check here if the transferor received or will receive property or services as part of the consideration>>>> | 5 Check here if the transferor is a foreign person(nonresident alien,foreign partnership,foreign estate,or foreign trust)>>>> | 6 Buyer's part of real estate tax6,630.44 |
This is important tax information and is being furnished to the internal revenue service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this item is required to be reported and the IRS determines that it has not been reported.¶
You are required by law to provide Hudkins Law PLLC with your correct federal tax identification number. If you do not provide Hudkins Law PLLC with your correct federal tax identification number, you may be subject to civil or criminal penalties imposed by law.¶
Under the penalty of perjury, we certify that the number(s) shown above on this statement is/are my/our correct federal tax identification number(s). We acknowledge receipt of a copy of this statement.¶
Sign and return a copy of this form immediately to Hudkins Law PLLC.¶
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 of the following apply.¶
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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.
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You sold or disposed of your home at a gain during the first 9 years after you received the federal mortgage subsidy.
This will increase your tax. See Form 8828 and Pub. 523.¶
Transferor’s taxpayer identification number. For your protection, this form may show only the last four digits of your 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 identification number to the IRS.¶
Account number. May show an account or other unique number the filer assigned to distinguish your account¶