Hello! I was given a cow which I sold in 2022. How do I claim that income on my taxes?

[Vanessa A]

 You would enter the sale of the cow by clicking the following:

• Federal
• Income
• Show More next to Investment Income
• Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
• Select Other
• Continue through and select Other again for the type of investment
• Answer that you received it as a gift
• You will need to enter the selling price, dates and the cost basis of the person who gave it to you.  So if they paid $500 for the cow, you would enter $500.

[bethany8259]

Thank you so much for the quick response and detailed instructions!