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Level 2
January 19, 2021
Question

1099-s

  • January 19, 2021
  • 14 replies
  • 50 views

How can I let Turbotax know about a problem entering a 1099-S sale of a second home? I follow the instructions and the second home option does not come up in 2020 Turbotax, must of come correctly in 2019 Turobotax. 

    14 replies

    MarilynG
    Level 15
    January 19, 2021

    In the Income Section, scroll down to 'Investment Income'.  You may have to click on 'Other Income' to see this section.

     

    Click on 'Stocks, Mutual Funds, Bonds, Other'.

     

    Continue through the section to enter details about the home sale and the 1099-S. 

     

     

     

     

     

     

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    mwood1951Author
    Level 2
    January 19, 2021

    I did that, never get the page for second home. 2020 Deluxe version wants me to upgrade. I'm beginning to think the Deluxe version does not contain second home sale.

    Level 15
    January 19, 2021

    TurboTax Deluxe does not handle the sale of investments like a second home.  You have to upgrade to the Premier edition.  But don't worry, all your information will transfer over when you upgrade.