LinaJ2020
Expert Alumni

Get your taxes done using TurboTax

To enter the Form 1099-S, here are the steps below:  ( You would prorate the cost basis of the house based on the percentage of your portion of the proceeds over the total amount.  In your situation, it's the 25%)

 

In TurboTax online, 

  • Sign in to your account, select Pick up where you left off
  • In the Search box, at the right upper corner, type in 1099-s, sale of property other than main home, then Enter   
  • Select "Jump to 1099-s, sale of property other than main home"
  • On-screen, "Did you sell any investments in 2019? "answer Yes
  • Follow prompts

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