AmyC
Expert Alumni

Deductions & credits

  1. Go to income section 
  2. click on Add More Income
  3. scroll down to Investment Income
  4. Show more
  5. Stocks, Mutual Funds, Bonds, Other
  6. Start:  Continue answering the questions.
    1. Yes,
    2. 1099-B - no,
    3. one sale at a time and the boxes appear for your entries.
    4. Click on I'll enter one sale at a time, boxes drop down.
    5. Box 1 description Second home
    6. continue filling in the boxes.

Box 1d sale proceeds will match your 1099-S amount.

Box 1e cost basis = how much you paid plus capital improvements plus selling expenses

Date acquired: purchase date

Holding period: Long term if more than one year

 

 

@LedZapplin

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