TeresaM
Expert Alumni

Business & farm

If you sell a rental property, that will need to be entered in the Schedule E section, with the other rental information.  There is another place in TurboTax to enter a Form 1099-S, but that is for other kinds of property.

The key will be when you get to the screen Tell us about your situation this year  Check the Sold box, along with any other boxes which apply. This will prompt you later for details about the sale. You will use the information from the  Form 1099-S to fill out that section but it is not entered directly.

For more information, please see this TurboTax Help article. It may be helpful to click on the link for Terminology Tips.  Entering Sale of a Rental Property

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