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You can enter the Timber Sale under Investments in the Income section.
Choose 'Stocks, Mutual Funds.. Other'. Then choose 'everything else'.
You did not receive a 1099-B.
Subtract expenses and enter 'Net Proceeds' and Date of Sale. Keep documentation for amount of expenses you subtracted from Gross Proceeds.
Then enter Cost Basis on the next screen, and Date you Purchased the property.
Click this link for more info on Entering a Sale of Timber.
You can enter the Timber Sale under Investments in the Income section.
Choose 'Stocks, Mutual Funds.. Other'. Then choose 'everything else'.
You did not receive a 1099-B.
Subtract expenses and enter 'Net Proceeds' and Date of Sale. Keep documentation for amount of expenses you subtracted from Gross Proceeds.
Then enter Cost Basis on the next screen, and Date you Purchased the property.
Click this link for more info on Entering a Sale of Timber.
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