turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

Bob322
New Member

1099-s

This year I sold property that I received as a gift thirty years ago.

I received a 1099-S with the proceeds of the sale.

I have all the relevant sales expenses, and basis of the property.

I am just trying to figure out where and how to report the 1099-S transaction in Turbo Tax.

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.

1 Reply

1099-s

Assuming that this was not a personal primary residence that was sold -

 

To enter an investment sale -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other, click the start or update button

 

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question