Investors & landlords

A land sale is considered a sale of an investment, so you would report the sale under Investments, following these steps: 

1. Click on Federal Taxes > Wages & Income  > I'll choose what I work on
   
2. In the Investment Income section click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other.   
3. If you have already entered some investment sales, you will see a screen Here's the investment sales info we have so far.  Click on the Add More Sales link.  
4. If you haven't already entered some investment sales, you will see a screen Did you sell any investments in 2018?  Click the Yes box.
5. Click the No box -- you didn't get a 1099-B for this sale
   
6. On the screen, Choose the type of investment you sold, mark the button for Land and click Continue. 
7. On the next screen, enter the land sale information.  Be sure to enter the net proceeds. 
8. Continue through the screens, entering the requested information.