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I have completed my Federal return, except that I can not find where to record sale of land for capital gain. Any suggestions?

 
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I have completed my Federal return, except that I can not find where to record sale of land for capital gain. Any suggestions?

To enter an investment sale -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA), click the start or update button


Using the online editions -

On the screen Did you have investment income in 2025? click on Yes

On the screen Save time and connect your financial accounts click on Enter a different way

On the screen How do you want to add your docs?, select Type it in myself

On the screen OK, let's start with one investment type, select Other and continue

JamesG1
Employee Tax Expert

I have completed my Federal return, except that I can not find where to record sale of land for capital gain. Any suggestions?

The sale of land is recorded as the sale of an investment.  You may follow these steps:

 

  • Click on Federal down the left side of the screen.
  • Click on Wages & Income down the left side of the screen.
  • Scroll down to Investments and Savings and click the down arrow to the right.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
  • Click Add investments.
  • At the screen Let's find your account, select Enter a different way.
  • At the screen How do you want to add your docs?, select Type it in myself.
  • At the screen OK, let’s start with one investment type, click Other, land, second home, personal items, 1099-S).  Click Continue.
  • At the screen Tell us more about this sale, enter the information.
  • Under Review this XXX sale, enter sale information.
  • Click Continue.
  • At the screen Let us know if any of these situations apply to this sale, report as necessary.  Click Continue.

@r-w-prytula 

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