In Turbotax 2022 premier, when I first follow the easy steps, I couldn't find any placeI to enter my 1099S information for selling my rental property as well.
But after poking around in TurboTax for a while, I found out that you can actually add this rental property sale under the Business Items.
- In Wages and Income tab, go to Business Items
- Sales of Business Property
- Check the first item, Sales of business or rental property that you haven't already reported.
- Then enter the rental property sale summary
But this looks like it force to treat this sale as a installment sale, I'm not sure if it's correct now! So confused!
