You will report the sale in the investment section of TurboTax.
You’ll have to use TurboTax Premium to report the sale of a second home, an inherited home, or land.
- Open or continue your return.
- Search for sold second home and select the Jump to link.
- Answer Yes on the Did you have investment income in 2024? screen, then Continue.
- If you land on the Your investments and savings screen, select Add Investments.
- Skip import and select Other
- Enter the name of the person or financial institution that brokered this sale and continue
- Select the type of Investment and enter the info as required.
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