This would be the sale of investment property. In TurboTax it will go under Wages & Income (or Income & Expenses in some versions) and is entered as follows:
- Click on Show more beside Investment Income
- Click on Start beside Stocks, Mutual Funds, Bonds, Other
- Click on Add Sales and then Other
- Follow the prompts here to enter the details of the sale keeping in mind that many of the categories may not fit exactly so you may have to choose the closest one. The categories are designed to help TurboTax customize the interview and will not affect how your return is calculated.
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