in [Event] Ask the Experts: Self-Employed Quarterly Estimate Filing
120245
You'll need to sign in or create an account to connect with an expert.
A real estate sale that is not a business property or a personal residence is reported on Schedule D for capital gains.
To go directly to that section of your return, use these steps:
On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “schedule d” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to schedule d”
Click on the blue “Jump to schedule d” link
A real estate sale that is not a business property or a personal residence is reported on Schedule D for capital gains.
To go directly to that section of your return, use these steps:
On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “schedule d” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to schedule d”
Click on the blue “Jump to schedule d” link
a follow on question: what work sheet would I use? TT says to use a worksheet and don't input directly into the form itself
Take a look at the following TurboTax article for guidance to enter the sale of the property:
Where do I enter the sale of a second home, an inherited home, or land on my 2020 taxes?
Using the steps in the article above will report the sale on Schedule D. You will not be entering the information directly on the form by going through the step-by-step instructions in TurboTax. The program will complete Schedule D for you based on the answers to the questions you will see.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
PadillaFam
New Member
in [Event] Ask the Experts: Self-Employed Quarterly Estimate Filing
marshalacy
New Member
shappwoman
New Member
wmurphy
New Member
joe-shrewsbury
New Member