DianeC958
Expert Alumni

Business & farm

You can report it in the section of Turbo Tax

 

  • Federal Section
  • Wages & Income
  • Investment Income
  • Stocks, Mutual Funds, Bonds, Other

 

As you go through the screens it will ask you if you received a 1099-B and you say No and then pick the option Everything Else.

 

The fill in the information for the description, Net Proceeds and Date of Sale.  The program will ask you your cost basis in investment here you can add all of the money you put into the property over the years plus the amount it originally cost you.

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