I was gifted a 1/6 share of my Mom's home in November and the house was sold in December.
I received a 1099-S for my share of the sale. I am using Turbo Tax Home & Business 2024 download version. When I follow the directions to report it as an investment, and then report as a sale of a second home - it only displays a 1099-B which does not generate the correct form to answer the questions of Fair Market Value, adjusted proceeds after the sale, etc. How do I enter the 1099-S on this version of Turbo Tax?
I finished all of the business and personal income and deductions except for this. Please help!
Thanks,
Anne
