turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tricke1
Returning Member

I sold personal property this year but have not received 1099. Should I claim it on this years taxes.

I purchased this unimproved property in 1984. It is unimproved property. I sold for a profit. What can I claim against it, purchase price, annual real estate taxes, etc?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Carl
Level 15

I sold personal property this year but have not received 1099. Should I claim it on this years taxes.

You have the closing statement you got when you closed on the sale. It has all you need. You'll report the sale under the Personal Income tab in the Investments section. Elect to start/update Stocks, Bonds, Mutual Funds, Other and just work it through. A majority of your questions will be answered for you if you just click the "learn more" links on the screens presented to you, as you work this through.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question