You can type sale of home into the searchbox and then click the "Jump to sale of home link"
Or
Click Federal
Click on “Wages & Income” ("Personal Income" in TurboTax Home & Business)
Click on “Show all" (you might need to answer some Yes/No questions first)
Scroll down to“Investment Income”
Click Start on “Stocks, Mutual Funds, Bonds, Other”
- The first screen will ask if you sold any investments during the current tax year (This includes any sale of real property held as an investment property so answer “yes” to this question)
- Since you did not receive a 1099-B, answer “no” to the 1099-B question
- Choose type of investment you sold - select everything else
- Some basic information:
- Description – Usually the address of the property sold
- Sales Proceeds – Your proportionate share of the net proceeds from the sale (your portion of 1099-S amount received for the property)
- Date Sold – Date you sold the property (on 1099-S)
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