What to do with a 1099-S for a Sale of Timber?
Asked by: vpalmer
Hi. These folks sold some timber off their land and received a 1099 S. Isn’t there some depletion involved? There has to be some basis so the speak. Any help would be appreciated.
How others found here:
- IRS Timber Sale
- IRS Form 1099t timber sales exceptions
- irs forms for timber sales