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Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

Need 1099s not 1099b but it keeps going to 1099b
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Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

There is no Form 1099-S template in the program.

 

If you are trying to enter something like the sale of a second home or investment real estate, select no financial institution.

View solution in original post

Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

Where you enter your Form 1099-S depends on why you received it.

If you sold your main home

  1. Sign in to TurboTax and select Pick up where you left off
  2. Select Search, enter sale of home, and select the Jump to link in the search results
  3. Answer Yes to Did you sell or have your home foreclosed in 2022?
  4. Enter the address of the home you sold on the next screen, and Continue
  5. On the next screen, answer Yes to Did you receive a Form 1099-S that reported this sale? and enter the info from your 1099-S
  6. On the next screens, follow the on-screen instructions to continue entering the info from your 1099-S

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

If you sold other real estate

Select which type of sale you made for step-by-step instructions:

View solution in original post

2 Replies

Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

There is no Form 1099-S template in the program.

 

If you are trying to enter something like the sale of a second home or investment real estate, select no financial institution.

Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

Where you enter your Form 1099-S depends on why you received it.

If you sold your main home

  1. Sign in to TurboTax and select Pick up where you left off
  2. Select Search, enter sale of home, and select the Jump to link in the search results
  3. Answer Yes to Did you sell or have your home foreclosed in 2022?
  4. Enter the address of the home you sold on the next screen, and Continue
  5. On the next screen, answer Yes to Did you receive a Form 1099-S that reported this sale? and enter the info from your 1099-S
  6. On the next screens, follow the on-screen instructions to continue entering the info from your 1099-S

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

If you sold other real estate

Select which type of sale you made for step-by-step instructions:

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