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Yes, if you sold land (unless it was used for business) it should be reported as an asset sale on Schedule D. To report the sale you will enter this under the Investment Income area of Wages & Income:
TurboTax will
calculate the gain or loss on this investment and determine if it was short- or
long-term.
Yes, if you sold land (unless it was used for business) it should be reported as an asset sale on Schedule D. To report the sale you will enter this under the Investment Income area of Wages & Income:
TurboTax will
calculate the gain or loss on this investment and determine if it was short- or
long-term.
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