3497763
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099-S

Where do I enter the 1099-S?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Vanessa A
Expert Alumni

1099-S

Was this for the sale of your home or sale of an investment property?

 

To enter the Sale of a Home select the following:

  1. Federal
  2. Income
  3. Sale of Home under Less Common Income

If it was not your primary home, you will enter it by doing the following:

  1. Federal
  2. Income
  3. Show More next to Investment Income
  4. Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
  5. Select Other
  6. Continue through and select second home for the type of investment
  7. Answer how you obtained it
  8. You will need to enter the selling price, dates and the cost basis of the home
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

1099-S

It was a sale of land

MayaD
Expert Alumni

1099-S

In TurboTax you would report it as investment sale. You cannot report it in the (Online) Deluxe version; you have to upgrade to Premium.

 Go to  Federal 

  1. Go to Wages & Income 
  2. scroll down to Investment Income 
  3. Select Stocks, Mutual Funds, Bonds, Other.
  4. if you land on the screen Let’s finish pulling in your investment income select add investment
  5. Select to import or Enter a different way when asked about the 1099-B or brokerage statement
  6. Select Other
  7. Enter the name of the person or financial institution that brokered this sale and continue 
  8. Select the type of investment.
  9. Enter your information and continue to enter your expenses. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question