I sold property in 2017 with a small final payment in 2018. How do I claim the total as 2017 income, which Turbotax told me I was allowed to do.Total is listed on 1099-S.
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I sold property in 2017 with a small final payment in 2018. How do I claim the total as 2017 income, which Turbotax told me I was allowed to do.Total is listed on 1099-S.
There were no interest payments as it was less than 30 days before final payment. Also, should I put it in somewhere else than uder installment sales? I dodn't see questions that tie directly to Form 1099-S
I sold property in 2017 with a small final payment in 2018. How do I claim the total as 2017 income, which Turbotax told me I was allowed to do.Total is listed on 1099-S.
From the information you provided it sounds like real property Form 8949 summerized on Sch D as you would post a sale from a brokerage account.