I am using Turbo Tax Business. I sold land that was in my parents' trust. I have gone to
Federal Taxes > Income > Rental and Royalty Property.
The property is already listed there, because we have always declared rental income in past years.
There was a box to check that said "This rental property was sold or otherwise dispoed of during 2020."
It asks me if I paid anyone $600 or more for work done, number of days of usage during 2020, what rental income we had ($0), our rental expenses, rental assets, and that is it.
But Turbo Tax does not ask me any further questions about the sale price, the cost basis, expenses involved in the sale, etc.
Can anyone tell me where to find this?
