topic I sold burial plots for 3000.00 do i claim it as income on my taxes in Deductions & credits

I sold burial plots for 3000.00 do i claim it as income on my taxes

dianshel81 — Tue, 04 Jun 2019 21:04:03 GMT

Yes, please report the sale as investment sale income, th...

MargaretL — Tue, 04 Jun 2019 21:04:05 GMT

Yes, please report the sale as investment sale income, the profit is subject to capital gain tax.

Federal Taxes
Wages & Income
Scroll down to Investment Income
Select Stocks, Mutual Funds, Bonds, Other – indicate that you have not received form 1099-B and continue through the interview. You will be prompted to enter the sale category as "everything else".

Re: Yes, please report the sale as investment sale income, th...

rsmeyerson — Thu, 07 Nov 2019 03:51:40 GMT

I have a long term gain from the sale of a burial plot and I received a 1099-MISC reporting the sale price in BOX 3. Should this still be reported as a capital gain on Schedule D?

Re: Yes, please report the sale as investment sale income, th...

Critter — Thu, 07 Nov 2019 12:55:46 GMT

Yes ... follow the instructions in the other post.