DavidD66
Expert Alumni

Investors & landlords

To enter the cash in lieu transaction in TurboTax Desktop:

 

  • Click on Search and type in "Form 1099-B
  • Click on "Jump to from 1099-b
  • Proceed through the intereview

Do not import your 1099-B.  The program will guide you through entering your transaction.  You can refer to your account statements to determine what your cost basis is and what your holding period is.  I use a zero cost and short term.  

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