You'll need to sign in or create an account to connect with an expert.
Yes, please report the sale as investment sale income, the profit is subject to capital gain tax.
I have a long term gain from the sale of a burial plot and I received a 1099-MISC reporting the sale price in BOX 3. Should this still be reported as a capital gain on Schedule D?
Yes ... follow the instructions in the other post.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
embedded_guy
Level 2
beckymitros
New Member
kyondacooper
New Member
magellan0
Level 3
ashleyhudd229
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.