1099-s

Forum|Forum|5 years ago
January 19, 2021
14 replies
59 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.

MarilynG

Level 15

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.

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

mwood1951Author

Level 2

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.

Irene2805

Level 15

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.