- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I report sale of property reported on Form 1099-S, Proceeds from Real Estate Transactions for the Tax Yer 2018>
Sold vacant commercial lot and received Form 1099-S. Where do I enter the information from the 1099-S?
Topics:
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I report sale of property reported on Form 1099-S, Proceeds from Real Estate Transactions for the Tax Yer 2018>
You will report that in the same section that report stock and other investment sales. :
- Type "Investment sales" in the search window and click Enter
- Click on "Jump to Investment income (gains and losses)"
- On the page with "Did you sell any investments in 2018?" Answer Yes
- Answer No to "Did you get a 1099-B..."
- On the "Choose the type of investment you sold" Indicate "Land"
- The interview will walk you through entering the details of the sale
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should I report sale of property reported on Form 1099-S, Proceeds from Real Estate Transactions for the Tax Yer 2018>
You will report that in the same section that report stock and other investment sales. :
- Type "Investment sales" in the search window and click Enter
- Click on "Jump to Investment income (gains and losses)"
- On the page with "Did you sell any investments in 2018?" Answer Yes
- Answer No to "Did you get a 1099-B..."
- On the "Choose the type of investment you sold" Indicate "Land"
- The interview will walk you through entering the details of the sale
Still have questions?
Make a post
Or browse the Forums