PaulaM
Employee Tax Expert

Get your taxes done using TurboTax

This would be reported in the Investment section. You will need the donor's basis and FMV when gifted to you. 

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'land sale' in the box, then select GO

Select 'No', then select Land as your investment type. Continue to enter the details of the sale and costs.

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