Can I use CD version to enter land sales and update the total basis? The desktop version asks for net proceeds and doesn't asks other questions.

[ayfudad2]

The desktop version asks for net proceeds and doesn't asks other questions. I want to enter my purchase price and other expenses to make the sale.

[MarilynG]

The Download version and the CD are both the desktop product, which actually has more flexibility by using Forms mode than the online product has. 

Type 'land sale' in the search window, and 'Jump to land sale'. This will take you to Investment Sales, and you can choose 'Land' on the next screen.

The next screen has an area where you can enter Sales Expenses (screenshot).

Here's more info:

https://ttlc.intuit.com/replies/6099143

If you were using it for business you can report the sale as 'sale of business property'.

Type 'sale of business property' in the search window, and 'Jump to sale of business property' to get to the entry area. 

You will then be able to enter cost basis, etc. (screenshot).