The 4 choices in the TurboTax questionnaire and Learn More does not fit the situation. It is not rental land, or a business venture. It just empty land my mother inherited 43 years ago and it just sits growing weeds as far as we know. The company contacted the family.
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It sounds like you've signed a lease with an oil/gas company to drill for (hopefully) oil.
If that's the case, you'll enter this as a rental. See the TurboTax FAQ below for specific instructions.
https://ttlc.intuit.com/replies/4770594
How did you do this as I am having the same issue this year? The four options are not what my situation is either.
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