You will enter the details of the sale in the "Wages and Income" section.
- Use the "Investments and Savings" drop down.
- Locate the "Stocks, Cryptocurrency..." topic.
- You will see "Land" listed as "Other" select "Yes"
- Continue to the page titled "Let's start with one investment"
- Select the "Other" tile and continue
- If you are not in Premier you will be asked to upgrade to handle the sale
- Once you upgrade you will be asked to enter the sale and cost information
- Select "Land (personal use)" from the type of investment
- Enter description and other requested information
- Proceeds are the sale price per any form 1099-S you might have received
- The cost is what you originally paid plus any improvement costs over the years
- Next you will have the chance to indicate any sales expenses you might have incurred that were not already excluded on your 1099-S (Broker fees, transfer fees, document prep/delivery fees, etc).
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