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If I sold a travel trailer for more than I paid. Is that capital gains? And if so, where do I report it?
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June 7, 2020
10:26 AM
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Investors & landlords
That is a capital gain and you'd report it using the "Stocks, Mutual Funds, Bonds, Other" interview. Tell TurboTax that you didn't receive a 1099-B and you'll be dropped into an interview that's different then the interview for a sale reported on a 1099-B. TurboTax will ask you what you sold and you can simply click "everything else", then fill in the appropriate information.
June 8, 2020
6:36 AM