cslaiz338
Returning Member

How to report sale of rental property in 2022 step by step instruction?

I sold a rental property in June 2022 and received a 1099-S.  The house was rented out 3 months in 2022.  Where can I enter the 1099-S and all the expenses related to the sale of property in Turbo tax during the reporting process? Do I need to report the rental income on Schedule E?  Is there a step by step instructions show me what should I select and input on Turbo Tax?

 

Thank you for your response