Thanks. I am using Desktop TT Premier. I chose the entered my Gross Proceeds $36, 00. I don't know the cost basis so for now I entered $20,000 for now. I entered Long Term since I have been part owner for many years. At no point did I have to choice of selecting LAND. It refers to it as a Financial Institution.
SO my main question is: How can I get to the spot where I can identify this as a land sale?
Secondly, how can I determine cost basis if Town (out of state) records don't go that far back? Can I include closing costs in the cost basis or report them as expenses? If yes, where do I input?
