Form 1099S Proceeds From Real Estate Tranactions other than a home

Form 1099S is an informational form and is not entered directly into the tax program.  The 1099S reports the Gross Proceeds the trust received when it sold the commercial property.  The trust will report the sale on Form 4797 Sales of Business Property. 

Thank you for your response, Leonard.  I'm just not seeing where to enter the proceeds.  Turbo Tax asks if anything was "sold or disposed of" but doesn't take me anywhere to enter the figure.

To enter the sale of the commercial property in TurboTax follow these steps:

1. Open or continue your return, search for sale of business property (use this exact phrase; copy/paste if necessary) and then select the Jump to link at the top of your search results.
2. On the Any Other Property Sales? screen, make sure the first checkbox is checked.
3. Follow the screen prompts to the page Sales of Business or Rental Property, you will be able to enter the gross sales proceeds in the box Total Sales Price.

This link  https://ttlc.intuit.com/community/accessing/help/how-do-i-edit-or-delete-sale-of-business-property-form-4797/00/26789  has information you may find useful.

Edited [ 03/28/2022 | 6:24am PDT]

I typed "sale of business property" in the search option but I didn't see anything about "jump to".  It just listed a lot of other users questions and answers.  Is there than one place to search?

Copy or type the phrase sale of business property  into the search box and you will see the Jump to sale of business property in the results box.  Click on Jump to sale of business property to enter your information.