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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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‎February 11, 2024
4:55 PM