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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 (1099-B, 1099-DA), click the start or update button
Using the online editions -
On the screen Did you have investment income in 2025? click on Yes
On the screen Save time and connect your financial accounts click on Enter a different way
On the screen How do you want to add your docs?, select Type it in myself
On the screen OK, let's start with one investment type, select Other and continue
Form 1099-S is entered under Investment Income. TurboTax will guide you through the interview to enter your 1099-S for the sale of your land.
Refer to the article Where do I enter the sale of a second home, an inherited home, or land on my 2025 taxes? for instructions.
The sale will appear on Form 8949 and Schedule D of your federal taxes. For more information, review the TurboTax articles Guide to Schedule D: Capital Gains and Losses and Where is Form 8949?
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