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Business & farm
TurboTax will guide you through the interview to enter your 1099-S for the easement payment.
Refer to the article Where do I enter the sale of a second home, an inherited home, or land on my 2023 taxes? for instructions.
The sale will appear on Form 8949 and Schedule D of your federal taxes. For more information, review the TurboTax articles Guide to Schedule D: Capital Gains and Losses and Where is Form 8949?
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March 18, 2024
8:03 PM