You will use the Investment Income section to report the gain for non-business related items.
Open (continue) your return in TurboTax.
- In the search box, search for investment sales then select the Jump to investment sales link in the search results.
- Answer Yes to the question Did you sell any of these investments in 2021?
- If you land on the investment sales summary screen , select Add More Sales.
- Select Other, then Continue.
- On the next screen, select the Investment Type and continue through that screen.
For business assets, take the following steps:
- Search for sale of business property (use this exact phrase; copy/paste if necessary) and then select the Jump to link at the top of your search results.
- On the Any Other Property Sales? screen, make sure the first checkbox is checked and Continue to the next screen.
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