Get your taxes done using TurboTax

In TurboTax

  • Federal
  • Investment Income
  • Stocks, Mutual Funds, Bonds, Other (1099-B)
  • Other (land, second homes, personal items) covers 1099-s
  • Enter sales details
  • Type is second home
  • Proceeds is amount you received
  • Total amount paid for the home is what it cost and what you invested in it, minus the outstanding mortgage
  • Enter any sales expenses not included on 1099-S

 

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