LindaA
Expert Alumni

Deductions & credits

Here's another way to enter the sale of an inherited home in TurboTax Online:

  • Open (continue) your return in TurboTax Online. (If your return isn't open, you'll need to sign in and click Take me to my return.)
  • Click My Account (top right of your screen).
  • Select Tools.
  • In the pop-up window, select Topic Search.
  • In the search bar, type sale of second.
  • In the results box, highlight sale of second home, then click GO.
  • You'll land on Did you sell any investments in 2016? Click Yes.
  • Next you'll see Did you get a 1099-B or a brokerage statement for these sales? Click No.
  • On the next screen, Choose the type of investment you sold. Select Second home and click Continue
  • Follow the onscreen instructions to complete the sale of second home interview. You'll be asked questions about the home, including when and how you acquired it (in your case, "inherited"), when you sold it, the sale price, etc. 

View solution in original post