Where do I enter sale of my 2nd home?

[brandons79]

I have TurboTax Premier, but I cannot seem to get to the page you are referring to -- especially the one with the selections allowing one to choose "Second home" and "How did you receive this investment?" (inherited).  It simply jumps to a screen for Brokerage investments.  I have tried getting there via the the Q&A path, via searching & jumping to "investment sales, etc. ...  still can't get to the "second home" page referenced.  Any ideas? 

[ErnieS0]

Are you using TurboTax Online or TurboTax CD/Download? The screens are different. If you are not seeing the options described, you are probably using CD/Download.

Here’s what to do:

1. Select the Federal Taxes tab
2. Then Wages & Income
3. On “Do You Have Other Income to Enter? say YES
4. On “How do you want to enter your income? select I’ll choose what I work on
5. On “Your 2022 Income Summary” select Stocks, Mutual Funds, Bonds, Other
6. On “Did you sell any investments in 2022 say YES
7. On “Did you get a 1099-B or brokerage statement for these sales? say NO
8. On “Tell us about this sale” select I’ll enter one sale at a time and fill in all the info You’ll have to manually figure your sales price (sales price – sale expenses) and your cost (purchase price + improvements)

@brandons79

[brandons79]

I use the download option.  Thanks very much for your reply -- very helpful & exactly what I needed!

[gwjorgy]

TurboxTax Premier 2024 version 1/17/2024

I can not find where I can enter information for my second home sale. It was an inherited home.

I can not get/find the search box  under Federal Taxes - Deductions & Credits to enter "sale of second home"

Thank you for your help in advance.

gwjorgy 

[DoninGA · Accepted solution]

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@gwjorgy wrote:

TurboxTax Premier 2024 version 1/17/2024

I can not find where I can enter information for my second home sale. It was an inherited home.

I can not get/find the search box  under Federal Taxes - Deductions & Credits to enter "sale of second home"

Thank you for your help in advance.

gwjorgy 

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The sale of the second home is entered in the Investment income section of the TurboTax program -

To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other, click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

Using the desktop editions -

On the next screen click on Yes
On the next screen click on Skip import
On the next screen, select Other and continue

Using the online editions -

On the next screen click on Yes
On the next screen, click on Enter a different way
On the next screen, click on Other and continue