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Should I enter timber income if I didn't get a 1099-S? If so, how and where on Turbo Deluxe? Thanks.

where to add timber cut income on turbo deluxe.
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KathrynG3
Expert Alumni

Should I enter timber income if I didn't get a 1099-S? If so, how and where on Turbo Deluxe? Thanks.

You will enter it as an investment sale. To do this in TurboTax, follow these steps regardless if you have Form 1099-S. Enter it only in the investment sales section:

  • Log in to TurboTax and open your tax return so that the regular menu is seen on the left.
  • In the search box, enter investment sales and select the Jump to link in the search results.

For more information, see: Where do I enter income from a timber sale?

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