1099-s

[Gingrerich1944]

Received a 1099-s from a sale of property we purchased in 2020 and sold in 2024. Losing money on the sale.  How is this reported in Premiere version of Turbotax?

[KrisD15]

If this was used as your personal home, you enter the 1099-S for the sale (gain or loss) under 

Wages & Income

Less Common Income 

Sale of Home 

If an investment, second home, or land, enter under

Wages & Income

Investment Income

Stocks, Cryptocurrency, Mutual Funds, Bonds, Other 

(Click "Add investments" and "Type in myself"  if needed) 

Select "Other" for investment type