Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 3, 2019 12:44:00 PM

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

0 1 181
1 Replies
New Member
Jun 3, 2019 12:44:04 PM

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.