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susanfh
New Member

Where do I list my 1099S for sale of inherited land?

Where do I include 1099S from sale of inherited land
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1 Best answer

Accepted Solutions
MargaretL
Expert Alumni

Where do I list my 1099S for sale of inherited land?

The form 1099-S in itself is not reported in TurboTax, but you will use the information from the form to enter the land's sale. 

The data entry in TurboTax is as follows:

  1. Federal Taxes 
  2. Wages & Income
  3. Scroll down to Investment Income
  4. Select Stocks, Mutual Funds, Bonds, Other – indicate that you have not received form 1099-B and continue through the interview. You will be prompted to enter the sale category as land, please continue through the prompts.

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1 Reply
MargaretL
Expert Alumni

Where do I list my 1099S for sale of inherited land?

The form 1099-S in itself is not reported in TurboTax, but you will use the information from the form to enter the land's sale. 

The data entry in TurboTax is as follows:

  1. Federal Taxes 
  2. Wages & Income
  3. Scroll down to Investment Income
  4. Select Stocks, Mutual Funds, Bonds, Other – indicate that you have not received form 1099-B and continue through the interview. You will be prompted to enter the sale category as land, please continue through the prompts.

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