I sold timber from property we have held for 20 years. I got a down payment of $5000 in 2023 (the rest $17,000 to be paid when complete (2024).
In Turbo Tax Deluxe, when I choose other for 1099S, it asks questions that don't make a lot of sense for Timber. Then it wants my numbers to match those I got on a 1099B - I did not get a 1099B.
I am not sure how this should even be entered. I saw post from 2019 that said I don't need to claim Timber but I don't know if this is still true.
Can someone help, please?
