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Old 02-09-2003, 03:35 PM
applebug
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1099 filed with I.R.S.

What is the name of your state? Oregon
If there is no taxs due on a sale of house under $500.000, will the escrow co have to file a 1099?.
Thanks Applebug
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Old 02-09-2003, 04:24 PM
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Re: 1099 filed with I.R.S.

[quote]Originally posted by applebug
[b]What is the name of your state? Oregon
If there is no taxs due on a sale of house under $500.000, will the escrow co have to file a 1099?.
Thanks Applebug

**A: yes. The 1099 would reflect the amount of the sale.
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