Since a timeshare is a capital asset, you report the sale in the Investment Income section:
- Go to Federal > Wages & Income.
- Find the section for Investment Income and select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
- When asked what type of investment you sold, select Other (or "Second Home/Personal Property" if listed).
- Enter the Proceeds exactly as shown on Box 2 of your 1099-S.
- Enter your Cost Basis. This is what you originally paid for the Disney Vacation Club (DVC) interest, plus any closing costs from the original purchase.
- Finsish out the section.
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