I need to upgrade to which turbo tax to show real estate (lot) loss?

jamyrick — Sat, 01 Jun 2019 15:17:08 GMT

I need to show the capital gains loss a residential lot I sold for less than it cost me. I also have a carryover loss from last year for the same investment of lots I purchased for resale several years ago.

You will need to use TurboTax Premier: You will report t...

DDollar — Sat, 01 Jun 2019 15:17:10 GMT

You will need to use TurboTax Premier: You will report that in the same section that report stock and other investment sales. To enter:

Type "Investment sales" in the search window and click Enter
Click on "Jump to Investment income (gains and losses)"
On the page with "Did you sell any investments in 2018?" Answer Yes
Answer No to "Did you get a 1099-B..."
On the "Choose the type of investment you sold" Indicate "Land"
The interview will walk you through entering the details of the sale

topic I need to upgrade to which turbo tax to show real estate (lot) loss? in Deductions & credits

I need to upgrade to which turbo tax to show real estate (lot) loss?

You will need to use TurboTax Premier: You will report t...