Where do I enter 1099s?

[eibb46]

sale of farm land

[JohnW152]

To enter the sale of land in TurboTax Online:

1. If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of Income & Expenses on the Hi, let’s keep working on your taxes! page and then select Let’s get started, Pick up where you left off, or Review/Edit. 
   • Otherwise, in the left pane, select Federal, then Wages & Income (This is labelled Income & Expenses in TurboTax Self-Employed)
2. Scroll down and select the Show more dropdown to the right of Investments and Savings
3. Select Start or Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
4. Answer Yes on the Did you have investment income in 2022? screen, then Continue
   • If you land on the Your investments and savings screen, select Add Investments
5. On the next screen, select Enter a different way
6. On the OK, let's start with one investment type screen, select Other (land, second homes, personal items), then Continue
7. On the Tell us more about this sale screen, enter the name of the person or institution that brokered the sale
8. On the next screen, select Land (personal use) or Land (other investment purpose), as appropriate, then enter the rest of the info for your sale, and Continue

@eibb46 

[Lcaffey]

Cell Tower Sale

[Lcaffey]

1099S

[Vanessa A]

If you sold land for a cell tower and this was not your home, then you would enter the sale by taking the steps below. 

• Federal
• Income
• Show More next to Investment Income
• Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
• Select Other
• Continue through and select Other again for the type of investment (land)
• Answer how you obtained the items you sold
• You will need to enter the selling price, dates and the cost basis of the items