This will be reported in the section that you report capital gains transactions (like sales of stocks and bonds). To enter the sale follow these instructions:
- When logged into your return, click on the Federal
category in the left hand navigation bar on your screen.
- Click on the Wages
and Income tab at the top of your screen.
- Find the section
labeled Investment Income, and click start by the line labeled
- Go though the
screens and answer no to questions about a financial institution and Form
1099-B.
- Go to a screen
labeled, "Choose the type of investment you sold" and
choose "Everything else".
- Enter the remaining
information on the subsequent screens.
