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Deductions & credits
You need to report the sale as an investment sale as follows:
1. Navigate to Investment Income in the Wages and Income section of TurboTax
2. Choose the Stocks, Cryptocurrency, ... option
3. Skip the Import option
4. Choose the Other (land, second homes, personal items) option for investment type
5. On the screen where you enter the sale information, choose Second Home for the investment type and complete the rest of the entries
To report the foreign taxes go to the Estimates and Other Taxes paid section in the Deductions and Credits area of TurboTax, then choose Foreign Taxes to assign your foreign income to a country and enter the tax paid. You may be entitled to a credit for your foreign taxes. You can also take a deduction for the foreign taxes, but the credit it usually more beneficial. You will see an option to choose one or the other.
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