1099-S 2016

What's New for 2016

Field Name	Size	Type	Description	Notes
See Form Filer Common Fields			Filer fields common to all form types.
See Recipient Common Fields			Recipient fields common to all form types.
Box 1 Date	8	Date	Box 1: Date of Closing	MM/DD/YYYY or M/D/YYYY
Box 2 Amount	12	Amount	Box 2: Earnings (or loss)
Box 3 All Lines	104	Text	Box 3: Address or Legal Description
Box 4 Checkbox	1	Text	Box 4: Check here if the transferor received or will receive property...	X / Y / T / 1 = Checked
Box 5 Amount	12	Amount	Box 5: Buyer’s part of real estate tax

IRS 1099-S Form: 1099-S Form