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MichMT
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How can I report Capital Gains from land sale - TurboTax Premier 2024

Hello - I am using TurboTax Premier 2024, but can not figure out where to enter capital gains (from sale of inheriting property, for which I need to complete a Form 8949 and schedule D).

When I select forms, I can not enter numbers on the schedule D.

I am also not sure what "generic category" of Turbo Tax questions would allow me to enter the information (i.e.., sale price, basis, etc.) within the software. I only see Capital gains related to selling stocks.

Thanks for pointing me in the right direction, I bought Premier because I thought it would be better for a bit more complexity.

 

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How can I report Capital Gains from land sale - TurboTax Premier 2024

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, Cryptocurrency, 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

 

Using the desktop editions -

On the next screen click on Yes
On the next screen click on Skip import
On the next screen, select Other and continue

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