turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

idr2000
New Member

A received a 1099-S form which was proceeds from a Real Estate Transaction. It was an inherited home from my mother. I entered it in the investments section.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
LinaJ2018
Intuit Alumni

A received a 1099-S form which was proceeds from a Real Estate Transaction. It was an inherited home from my mother. I entered it in the investments section.

You will enter the information under the investment section in TurboTax program by following these steps:

 

  • After sign into your account, select Pick up where you left off
  • At the upper right corner, search for this exact phrase: sold second home
  • In the search results, click Jump to sold second home 
  • Answer Yes on the screen, Did You Sell Any Investments? 
  • Follow the on-screen instructions to completion- on-screen, Choose the type of investment you sold - select Second Home
  • Fill out screen Enter Second Home Sale Information
  • On-screen Tell Us How You Acquired This Home, select Inherited 
  • Continue to enter your information

View solution in original post

2 Replies
LinaJ2018
Intuit Alumni

A received a 1099-S form which was proceeds from a Real Estate Transaction. It was an inherited home from my mother. I entered it in the investments section.

What is your question ?
LinaJ2018
Intuit Alumni

A received a 1099-S form which was proceeds from a Real Estate Transaction. It was an inherited home from my mother. I entered it in the investments section.

You will enter the information under the investment section in TurboTax program by following these steps:

 

  • After sign into your account, select Pick up where you left off
  • At the upper right corner, search for this exact phrase: sold second home
  • In the search results, click Jump to sold second home 
  • Answer Yes on the screen, Did You Sell Any Investments? 
  • Follow the on-screen instructions to completion- on-screen, Choose the type of investment you sold - select Second Home
  • Fill out screen Enter Second Home Sale Information
  • On-screen Tell Us How You Acquired This Home, select Inherited 
  • Continue to enter your information

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question