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If held for investment purposes then you could claim a long term capital loss. You would need to use the Premier or Self-Employed online editions to report the sale.
To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
On the next screen, click Yes
On the next screen, click No
On the next screen, choose Land and continue with the section until it completes.
If held for investment purposes then you could claim a long term capital loss. You would need to use the Premier or Self-Employed online editions to report the sale.
To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
On the next screen, click Yes
On the next screen, click No
On the next screen, choose Land and continue with the section until it completes.
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