abctax55
Level 15

I believe F 1099-S is only used for real estate sales.  

You didn't list any real estate in the items sold.

And if the *partnership* sold the assets, why were SSN's used?

Either the Title Co is wrong, or there are some missing facts that the Title Co didn't know, or we don't know.

Any chance there was a drop/swap scenario?  

 

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"