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Deductions & credits
Where do I enter the sale of a second home, an inherited home, or land?
These are entered in the investment section of TurboTax. Follow these instructions:
-
Open
your return in TurboTax.
(To do this, sign in to TurboTax and click the orange Take me to my return button.) - In the search box, search for sold second home (use this exact phrase) and then click the "Jump to" link in the search results.
- Answer Yes on the Did You Sell Any Investments in 2016? screen.
- If you land on the Here's the investment sales info we have so far screen, click Add More Sales.
Related Information:
- Is the money I made from a home sale taxable?
- Where do I enter Form 1099-S?
- I sold my rental property. How do I report that?
‎June 6, 2019
5:54 AM