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Retirement tax questions
It is correct that it shows as a 1099-B. There is not a designated 1099-S entry in TurboTax. Home sales (and timber sales) are considered investment sales for tax purposes. And investment sales are reported on 1099-B. So any home sale (or timber sale) reported on 1099-S will show an an investment sale (1099-B) in TurboTax. Timber Sale Entry
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March 6, 2025
6:08 PM
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