Deductions & credits

Land sold is entered in the Investment Income section of the program.  Using the TurboTax online editions you will need to upgrade to Premier.

 

Enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

 

The sale is reported on Schedule D and Form 8949.  These are estimated to be available on 01/14/2021 for filing (subject to change)