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Investors & landlords
Yes, this is a short coming in TurboTax.
Do not try to find a 1099-S entry point. The sale of land is considered a capital gain.
In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in Home & Business)
- Wages & Income
Scroll down to:
-Investment Income
-Stocks, mutual funds, Bonds, Other (landis other)
March 12, 2023
6:38 AM
1,662 Views