Sale of a lot...no house

grmartin — Mon, 03 Jun 2019 18:48:24 GMT

sale of a lot

To report the sale of land: Open (continue) your return...

LindaA — Mon, 03 Jun 2019 18:48:25 GMT

To report the sale of land:

Open (continue) your return in TurboTax Online. (If your return isn't open, you'll need to sign in and lick Take me to my return.)
Click My Account (top right of your screen).
Select Tools.
In the pop-up window, select Topic Search.
In the search bar, type land sale.
In the results box, highlight land sale, then click GO.
You'll land on Did you sell any investments in 2016? Click Yes.
Next you'll see Did you get a 1099-B or a brokerage statement for these sales? Click No.
On the next screen, select Land and click Continue.
Follow the onscreen instructions to complete the sale of land interview. You'll be asked questions about the land, including when and how you acquired it, when you sold it, the sale price, etc.

Note: If using the TurboTax CD/Download software, you'll use the Find function (instead of "My Account") to search for the topic.