This answer has been verified for accuracy by an Intuit expert employee
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Get your taxes done using TurboTax
The sale of land is reported on sch D.
Go to income section
1. click on Add More Income
2. scroll down to Investment Income
3. Show more
4. Select Stocks, Mutual Funds, Bonds, Other
5. Start: Continue answering the questions.
- Select Yes,
- 1099-B? - Select no
- Select I'll enter one sale at a time
- the boxes appear for your entries for the lot
ā€ˇFebruary 6, 2021
12:57 PM