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terryv161
New Member

I sold my lake property, where do I enter that

 
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MargaretL
Expert Alumni

I sold my lake property, where do I enter that

Please follow steps below for sale of your property data entry:

  1. Federal Taxes 
  2. Wages and Income 
  3. Scroll down to Investment Income
  4. Select Stocks, Mutual Funds, bonds, Other
  5. Indicate that 1099-B/brokerage statement was not received for the sale, continue through the interview.
  6. On the screen Choose the type of investment you sold, select Second Home - you will be asked to enter the net proceeds, the date of sale, how you acquired the property and then the cost basis of the home (original cost and improvements).

 

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