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We sold our home and adjacent vacant land separately during the year. Received a 1099-S on the land sale. How do I report and treat as one sale in turbotax?
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We sold our home and adjacent vacant land separately during the year. Received a 1099-S on the land sale. How do I report and treat as one sale in turbotax?
IRS Publication 523 states that these can be combined and treated as one sale.
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TurboTax Premier Online
‎April 1, 2021
12:27 PM
