Investors & landlords

Land is considered investment property if it is not part of a home sale.  Land sales are reported by using the following instruction.

1. Federal Taxes tab, then Wages & Income, then scroll down to Investment Income and select Stocks, Mutual Funds, Bonds, Other. 
2. Respond "yes" to Did you sell any investments?  You'll then be asked Did you get a 1099-B or brokerage statement? answer "no."
3. Enter one sale at a time
4. Enter Land Sale Information Be aware of the tiny box that says "Reported sales price did not deduct all fees of selling expenses," as it must be checked if applicable to you.
5. Continue to follow the prompts to complete your sale
6. See the image below for assistance.