Get your taxes done using TurboTax

PattiF · ‎March 4, 2023

Here are instructions to enter the land sale on Schedule D using TurboTax Online:

Enter sale of land in the investment section:

Sale of land gets reported in TurboTax as a sale of an investment.

Please follow the following steps to record the sale in TurboTax:

Withing your return, select Federal tax
Select Wages and Income
On Your Income page, click Start button for Stocks, Mutual Funds, Bond, Other
On Did you sell any investments in 2021?, click on Yes button
On next page, answer whether or not you received a 1099-B or a brokerage statement for the sale

Then you can choose land as personal sale or land as investment in the dropdown menu.

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