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flyboyron
New Member

Which turbo tax do I need to use for selling farm land and other property.

Which product should I buy to show the sale of farmland and other property.

1 Reply
Texas Roger
Level 15

Which turbo tax do I need to use for selling farm land and other property.

When using the online product, you need Premier to handle the sale of property. If you need to report profit or loss from actual farming, you need Self-Employed.

With the CD/download product, any version has all the forms needed to report the sale. The Premier version would provide more guidance to enter the property sales information. Home & Business would provide more guidance for entering farm income and loss.

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