Deductions & credits

You don't create form 1099-S. TurboTax will create form 8949 Sales and Other Dispositions of Capital Assets, when you enter the information.

• Note: If the sale occurred January of 2019, you don't report the sale on your 2018 income tax return. You'll enter the sale on your 2019 income tax return. 

Your 1099-S sale is entered in the investment income section of TurboTax. Follow these instructions:

1. Open your return in TurboTax. (To do this, sign in to TurboTax and select Take me to my return button.)
2. In the search box, search for sold second home and select the Jump to link in the search results.
3. Answer Yes on the Did you sell any investments in 2018? screen.
   • If you land on the Here's the info we have for these investment sales screen, select Add More Sales.
4. Answer No to the 1099-B question.
5. On the next screen, select Second Home (choose this also for inherited homes) or Land. Select Continue.
6. Follow the instructions to completion.