topic Where do I put 1099-S info? in Retirement tax questions

Where do I put 1099-S info?

bullsmith83 — Sat, 01 Jun 2019 06:44:19 GMT

What is your 1099-S for? Sale of second home, rental prop...

AndreaC1 — Sat, 01 Jun 2019 06:44:20 GMT

What is your 1099-S for? Sale of second home, rental property, etc?

Its for the sale of land

bullsmith83 — Sat, 01 Jun 2019 06:44:21 GMT

Its for the sale of land

Okay, see my response below.

AndreaC1 — Sat, 01 Jun 2019 06:44:22 GMT

Okay, see my response below.

You may get a 1099-S if you sold timber, real estate (inc...

AndreaC1 — Sat, 01 Jun 2019 06:44:24 GMT

You may get a 1099-S if you sold timber, real estate (including land), permanent structures, or stock in a co-op.

You can follow the steps here below to help you enter that 1099-S for sale of land. It will have you search for sold second home but you will see the option to choose land on the 3rd page. Just follow each step exactly.

NOTE: See screenshots below for help navigating.

https://ttlc.intuit.com/replies/4241480

Re: What is your 1099-S for? Sale of second home, rental prop...

bobcarr46 — Sat, 29 Jan 2022 19:45:08 GMT

Sale of our home

Re: Its for the sale of land

JohnB5677 — Sun, 30 Jan 2022 17:19:42 GMT

Yes, If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Income section. Here's how to enter the form:

Open or continue your return
Type sale of a home in the Search box
Select the Jump to link in the search results
Follow the interview to enter the info from your 1099-S

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

IRS Instructions for Form 1099-S