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Deductions & credits
I have the exact same scenario. Simple sale of vacant land with nothing on it. I received a simple 1099-S and have been frustrated with TT ever since. I have used TT for years but this is my first 1099-s. How TT has been around this long and can't handle a 1099-S in a simple way is pure laziness on their part. You can select 1099-S when you finally find it but when you enter your info and save it will save as a 1099-b. Every time.
They have to be getting plenty of calls and posts on this year after year but so far they really haven't addressed the problem. You would think it would benefit them to do so.
March 4, 2023
4:10 PM