I sold land at a loss. How do I report that?

[shawndietzer]

This is vacant land that I never lived on.

[ronandlindakrug]

Can I file for free as I have sold land at a loss?

[jasonhertzogcnx]

awesome!

[pebepebe--13]

What % is land taxes?

[MargaretL · Accepted solution]

The sale  land or other investment property is located in Investment section:

1. Federal Taxes

2. Wages & Income      

3. Investment Income

4. Stocks, Mutual funds, Bonds, Other. Select you have not received 1099-B and continue through the interview; the category is "Land".

[hillm0010]

sold land at a huge loss $100,000 today are there deductions and can they be amoritized over time?

[MaryK4]

The sale of land is generally limited to $3000 yearly capital loss after netted against other capital gains.  It will carryforward.  See What is a capital loss carryover?

@hillm0010