You would enter the sale of a second home in the investment section of TurboTax. Here are the instructions:
- Open or continue your return in TurboTax.
- In the search box, search for sold second home and select the Jump to link in the search results.
- Answer Yes on the Did you sell any stocks, mutual funds, bonds, or other investments in 2019? screen.
- If you land on the Here's the info we have for these investment sales screen, select Add More Sales.
- Answer No to the 1099-B question.
- On the Tell us more about this sale screen, enter the name of the person or institution that brokered the sale.
- On the next screen, select Second Home (choose this also for inherited homes) or Land and answer the questions to finish entering your sale.
Related Information:
For Source, click here.
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