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Sale of inherited property
unable to get to that section of the tax questions by search
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May 31, 2019
9:24 PM
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Deductions & credits
The sale of inherited property is entered in the investment section of TurboTax. TurboTax Online Premier supports investments. Follow these instructions:
- Open your return in TurboTax.
(To do this, sign in to TurboTax and click the orange Take me to my return button.) - In the search box, search for sold second home (use this exact phrase) and then click the "Jump to" link in the search results.
- Answer Yes on the Did You Sell Any Investments in 2016? screen.
- If you land on the Here's the investment sales info we have so far screen, click Add More Sales.
- Answer No to the 1099-B question.
- On the next screen, select Second Home (choose this also for inherited homes) or Land. Click Continue.
- Follow the on-screen instructions to completion.
Additional information: Do I need to report inherited property or land?
Related Information:
May 31, 2019
9:24 PM