Deductions & credits

Here's how to report the sale of land:

Income from the sale of land is reported in the investment section.

1. Click on Federal Taxes > Wages & Income.
2. Scroll down to the Investment Income section and click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other.  
3. If you haven't entered any investment sales yet you will see a screen Did you sell any investments in 2019?  Click on Yes. 
4. If you have entered investment sales you will see a screen:  Here's the investment sales info we have so far. 
   Click on the link Add More Sales link.
5. On the screen Did you get a 1099-B. . . , click on No.
6. For Choose the type of investment you sold select Everything else and click Continue.   
7. Proceed through the screens, entering the requested information.

You will need to know the 'Cost Basis' of the portion of land you sold.  You could use an Assessor's Statement or Tax Bill and calculate the % that belongs to the land you sold.