Around the middle of last year, I sold a vacant lot I owned to a Texas oil company. (They had offered to buy mineral rights; as I'd been trying to get rid of this property for years, I suggested an outright sale instead.) I signed a warranty deed, they sent me a check, everything seemed to be fine.
Until now, when I received a tax statement from them, listing the $1865 sale price - on a Form 1099-MISC, under Rents (box 1). I can't imagine why they would characterize it that way (and I'm pretty sure a 1099 isn't how a land sale is supposed to be reported in the first place).
I've tried to contact them to get this straightened out, with little luck so far - I don't trust that anything will be resolved before tax time. So my question is: would it be safe for me to file my taxes with this income listed in the wrong place? (I assume it would be taxed at the same rate either way.) Or do I need to wait (and file extensions if needed) until such time as they submit corrected documents to the IRS?