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Level 2
posted Apr 8, 2025 2:07:37 PM

Did Turbo Tax change my 1099-S sale of inherited home to a 1099-B entry?

I had no problem entering all information of the sale 1099-

S

info, value at date acquired, sale price, cost of the sale, etc. 

 

Later when I logged back in and returned to the Investment and Savings section it shows the Title company name and in the box it states     "Stocks, bonds, etc. (1099-

B

)". 

 

Should I be concerned?  BTW I tried deleting and reentering everything and got the same results.

 

Thank you, Mark

0 1 611
1 Best answer
Expert Alumni
Apr 8, 2025 2:14:12 PM

No, entries from the 1099-B and 1099-S both go to the Schedule D and/or 8949- it is just the headings in the interface of TurboTax.  

1 Replies
Expert Alumni
Apr 8, 2025 2:14:12 PM

No, entries from the 1099-B and 1099-S both go to the Schedule D and/or 8949- it is just the headings in the interface of TurboTax.