Hello,
I followed the instructions as given in prior inquiries about this topic but can't seem to get the same windows as described. I go to the investment section and click on the "OTHER" box which is the 1099-S and then it asks me to enter the information on my 1099B. Is this a glitch or should I place my information in this screen? Also, if I do need to enter the information here then what should the date that I acquired the investment be? The date I purchased my home?
I have placed the screens I encounter when trying to enter the information.
Please help.
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No, it's not a glitch. The Form 1099-S is not an actual form entry page.
First let's determine if the income is taxable. Next, if you decide it is taxable, this might be a 'right of way' payment. If so then you should follow the steps you have above and I will place them here as well with a few more details.
If you no longer own the portion of land where you were granted an easement payment:
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