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New Member
posted Mar 31, 2025 2:05:04 AM

I sold a rental property and received a 1099-S and can't find the correct place to enter it on my taxes. Am I using the correct TurboTax product?

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2 Replies
Expert Alumni
Mar 31, 2025 4:13:04 AM

If you are using TurboTax Online, you need to use TurboTax Premier or above to report the sale of your rental home. 

 

If you are using TurboTax Desktop, then any version can handle it.

 

To report the sale of your rental home, please follow the instructions in this TurboTax Help article.

Level 15
Mar 31, 2025 6:11:47 AM

With a 1099-S, report the transaction exactly as you would have without the 1099-S. IRS expects  report.