turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where do I place the 1099-S on my tax return. I sold to pieces of undeveloped building lots, in which I lost 3,000 since 2008?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Where do I place the 1099-S on my tax return. I sold to pieces of undeveloped building lots, in which I lost 3,000 since 2008?

This is reported as long term investment sold.

You will sales date, price sold for, closing costs, price paid and purchase date.

To enter your Investments sold
Click on Federal Taxes
Click on Wages and Income
Click on I'll choose what I work on
Scroll down to Investments
On Stocks, Bonds, Other, click the start or update button


View solution in original post

1 Reply

Where do I place the 1099-S on my tax return. I sold to pieces of undeveloped building lots, in which I lost 3,000 since 2008?

This is reported as long term investment sold.

You will sales date, price sold for, closing costs, price paid and purchase date.

To enter your Investments sold
Click on Federal Taxes
Click on Wages and Income
Click on I'll choose what I work on
Scroll down to Investments
On Stocks, Bonds, Other, click the start or update button


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies