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2. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

   www.aol.com/irs-1099-tax-form-explained...

   For example, if the sale price of real estate is less than $250,000 and the property was the seller’s personal residence for two of the last five years, the transaction does not have to be reported.

3. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   For a variety of reasons some Form 1099 reports may include amounts that are not actually taxable to the payee. A typical example is Form 1099-S for reporting proceeds (not gain) from real estate transactions. The Form 1099-S preparer will report the sales proceeds without regard to the amount of the taxpayer's "basis" in the real estate sold.

4. Heads up if you’re a freelancer or small business owner: The ...

   www.aol.com/heads-freelancer-small-business...

   Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...

5. Internal Revenue Code section 1031 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   The replacement property must be "identified" within 45 days after the sale of the old property and the acquisition of the replacement property must be completed within 180 days of the sale of the old property. As of 2018, Section 1031 can only be used in connection with sales of real property.

6. Installment sale - Wikipedia

   en.wikipedia.org/wiki/Installment_sale

   If a taxpayer realizes income (e.g., gain) from an installment sale, the income generally may be reported by the taxpayer under the "installment method." [5] The "installment method" is defined as "a method under which the income recognized for any taxable year [ . . . ] is that proportion of the payments received in that year which the gross profit [ . . . ] bears to the total contract price."

7. Will You Have To Pay Taxes to the IRS When You Resell ... - AOL

   www.aol.com/pay-taxes-irs-resell-tickets...

   The second part is important — if you’ve received more than $20,000 in sales but sold fewer than 200 items, the platform is not federally required to report your income through Form 1099-K.