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rdp0412
New Member

Should I enter the real estate company that handled my land sale?

I need to enter the name of a person or financial institution that brokered my land sale.  Is that the real estate company I worked with for this sale?
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3 Replies

Should I enter the real estate company that handled my land sale?

LeonardS
Expert Alumni

Should I enter the real estate company that handled my land sale?

No, you do not need to enter the name of the real estate company that handled your land sale.

 

To report the sale  of your land in TurboTax follow these steps:

  1. Open or continue your return
  2. In the search box, search for sold second home and select the Jump to link
  3. Answer Yes on the Did you sell any stocks, mutual funds, bonds, or other investments in 2021? screen
    • If you land on the Your investment sales summary screen, select Add More Sales
  4. On the OK, let's start with one investment type screen, select Other, then Continue
  5. On the Tell us more about this sale screen, enter the name of the person or institution that brokered the sale
  6. On the next screen, select Second Home (choose this also for inherited homes) or Land and answer the questions to finish entering your sale

This link Where do I enter the sale of a second home, an inherited home, or land on my 2021 taxes? has information you may find useful.

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rdp0412
New Member

Should I enter the real estate company that handled my land sale?

Hi,

I did receive a substitute1099-S from the Title company. 

Thanks,

Rita 

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