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That depends because a Form 1099-S reports different types of sales:
Please see the FAQ below for the instructions that apply to your situation.
I sold an inherited house. On turbotax, where do I enter 1099S related to the sale?
@Cmlee wrote:
I sold an inherited house. On turbotax, where do I enter 1099S related to the sale?
If you are using the TurboTax online editions you will need the Premier online edition to report the sale.
To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
On the next screen, click Yes
On the next screen, click No
On the next screen, choose Other and continue with the section until it completes.
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