ERae5630
New Member

1099-S question of how to enter in TT

I received a 1099-S from the sale of some trees on my property. I am unsure how to enter this information within Turbotax …someone had mentioned doing a miscellaneous income entry and then a cost-basis adjustment to show zero capital gains. Any advice on how to enter the info correctly and whether it should be taxed? 

Thank you!