Get your taxes done using TurboTax

You can enter your Form 1099-S into TurboTax as follows: 

1. Click on the search icon in the upper right of your TurboTax screen.
2. Enter "Form 1099-S" in the search bar
3. Click on the link "Jump to Form 1099-S"
4. Click on "Add Investment"
5. Select "Skip Import"
6. Click on the box "Other" the box will turn green and a checkmark will appear
7. Answer the questions regarding your Form 1099-S
8. You can report the Proceeds = Cost or other basis as mentioned above; this results in no gain.
9. Answer all follow-up questions 

Your TurboTax screens will look something like this:

Click here for Where do I enter Form 1099-S?

Click here for About Form 1099-S, Proceeds from Real Estate Transactions