pwcramer
Returning Member

Form 4797 ?

I have a multimember LLC that finances the construction of residential homes.  We sold our first home in 2021 and will receive a 1099 S from the title company for our share of the proceeds.  As I'm roughing out taxes it seems to me that I need to report the gain on form 4797  Part II but I can't seem to get TT to let me do this.  So I guess my question is where/how do I report the info from the 1099 S?