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aj1sena
New Member

Where do i report a investment house I bought and sold in 2016

 
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DexterS
New Member

Where do i report a investment house I bought and sold in 2016

When you buy property for investment purposes it's a Capital transaction.

In TurboTax Self Employed Go To:

  • Personal >> Investment Income >> Stock, Mutual Funds, Bonds, Other >> Select >> "Start/Update"
  • Did You Sell and investments in 2016 >> Select >> Yes
  • Did you get a 1099-B or a brokerage statement for these sales? >> Select >> "No"
  • Choose the type of investment you sold >> Select >> Everything Else >> Select >> "Continue"

Follow through the rest of the screens, filling in the fields as appropriate.

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1 Reply
DexterS
New Member

Where do i report a investment house I bought and sold in 2016

When you buy property for investment purposes it's a Capital transaction.

In TurboTax Self Employed Go To:

  • Personal >> Investment Income >> Stock, Mutual Funds, Bonds, Other >> Select >> "Start/Update"
  • Did You Sell and investments in 2016 >> Select >> Yes
  • Did you get a 1099-B or a brokerage statement for these sales? >> Select >> "No"
  • Choose the type of investment you sold >> Select >> Everything Else >> Select >> "Continue"

Follow through the rest of the screens, filling in the fields as appropriate.

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