Your 1099-S sales are reported as the sale of an investment
Schedule D. Where asked for the Cost or other basis enter your
purchase price plus the cost of any improvements / expenses of the sale.
To enter an investment sale other than from a brokerage account (1099-B),
follow the steps below.
- In your Federal return, choose the tab
for Wages & Income
- Scroll down to Investment
Income and Show more
-
Start/Revisit Stocks, Mutual Funds, Bonds, Other
- On the next screen, say Yes or select Add
More Sales
- On the next screen,
choose No
- On the next screen, choose
the correct option and Continue with the section until it completes.
