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Level 1

Where do i put the profit from two properties that we bought and sold in 2019?

Miscellaneous income?
1 Best answer

Accepted Solutions
Level 15

Where do i put the profit from two properties that we bought and sold in 2019?

You will need the Premier online edition to report the investment sale -

 

To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Under Investment Income
  • On Stocks, Mutual Funds, Bonds, Other, click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

On the next screen, click Yes

On the next screen, click No

On the next screen, choose the option Other and continue with the section until it completes.

View solution in original post

1 Reply
Level 15

Where do i put the profit from two properties that we bought and sold in 2019?

You will need the Premier online edition to report the investment sale -

 

To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Under Investment Income
  • On Stocks, Mutual Funds, Bonds, Other, click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

On the next screen, click Yes

On the next screen, click No

On the next screen, choose the option Other and continue with the section until it completes.

View solution in original post

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