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Where/how to enter 1099-S for the sale of a rental unit in 2023?
I sold my rental property in 2023, and received 1099-S from the buyer's attorney office. Neither answers from TurboTax here now is able to help me on doing it.
1.) If I go to rental, it only adjusts the appreciation from full year to partial year, but no where for me to enter 1099-S
2.) If I go to Less Common Income, it is for the sale of the "main" home, not for the rental property.
May I ask, where can I report the 1099-S, as well as all the expenses I paid for the sale (including fixing up bathroom and painting for the sale, all the closing fees, ...)?
I am using Home & Business edition, so not sure if this version is able to support me doing what needs to be done. Many thanks!
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‎April 14, 2024
2:24 AM