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 sales 1099
- 1099-misc from log sale
- how to figure basis in cut timber on my land