I sold a 2nd home on contract for deed. The 1099s shows gross proceeds for full amount of the sale. How do I report this in Turbo?

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You can record the sale as an Installment Sale in TurboTax. Within your return, search for Installment Sales in the search/find field and select the Jump To option and you will be brought to the installment sale entry section of TurboTax. See the sample screenshot attached.

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I sold a 2nd home on contract for deed. The 1099s shows gross proceeds for full amount of the sale. How do I report this in Turbo?

I sold a 2nd home on contract for deed. The 1099s shows gross proceeds for full amount of the sale. How do I report this in Turbo?

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I sold a 2nd home on contract for deed. The 1099s shows gross proceeds for full amount of the sale. How do I report this in Turbo?

I sold a 2nd home on contract for deed. The 1099s shows gross proceeds for full amount of the sale. How do I report this in Turbo?

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