topic awesome! in Deductions & credits

I sold land at a loss. How do I report that?

shawndietzer — Thu, 06 Jun 2019 05:26:45 GMT

This is vacant land that I never lived on.

Can I file for free as I have sold land at a loss?

ronandlindakrug — Thu, 06 Jun 2019 05:26:47 GMT

Can I file for free as I have sold land at a loss?

awesome!

jasonhertzogcnx — Thu, 06 Jun 2019 05:26:48 GMT

awesome!

What % is land taxes?

pebepebe--13 — Thu, 06 Jun 2019 05:26:50 GMT

What % is land taxes?

The sale land or other investment property is located in...

MargaretL — Thu, 06 Jun 2019 05:26:51 GMT

The sale land or other investment property is located in Investment section:

1. Federal Taxes

2. Wages & Income

3. Investment Income

4. Stocks, Mutual funds, Bonds, Other. Select you have not received 1099-B and continue through the interview; the category is "Land".

land sale loss

hillm0010 — Tue, 07 Apr 2020 22:36:20 GMT

sold land at a huge loss $100,000 today are there deductions and can they be amoritized over time?

Re: land sale loss

MaryK4 — Wed, 08 Apr 2020 02:11:40 GMT

The sale of land is generally limited to $3000 yearly capital loss after netted against other capital gains. It will carryforward. See What is a capital loss carryover?

@hillm0010