I have started on my return, have a land sale, and need to upgrade to Premier for the land sale on the return. How do I upgrade to that so I can add the 1099-S info?

brent-burford · ‎May 31, 2019

PaulaM · ‎May 31, 2019

It looks like you are in the TurboTax Self-employed (online). TurboTax self-employed can handle a 1099-S land sale.

In the upper right search field type ‘land sale’ then select the ‘Jump to land sale’ link. You will land on the Did you sell any investments in 2016 page.

Select Yes
Select No on the Did you get a 1099-B page.
On the Choose the type of investment you sold page, select Land
Continue with interview to enter net proceeds, sale date, how acquired, original cost, etc.
Gain/Loss will be computed and transferred to appropriate form

See attachments

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

PaulaM · ‎May 31, 2019

It looks like you are in the TurboTax Self-employed (online). TurboTax self-employed can handle a 1099-S land sale.

In the upper right search field type ‘land sale’ then select the ‘Jump to land sale’ link. You will land on the Did you sell any investments in 2016 page.

Select Yes
Select No on the Did you get a 1099-B page.
On the Choose the type of investment you sold page, select Land
Continue with interview to enter net proceeds, sale date, how acquired, original cost, etc.
Gain/Loss will be computed and transferred to appropriate form

See attachments

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

I have started on my return, have a land sale, and need to upgrade to Premier for the land sale on the return. How do I upgrade to that so I can add the 1099-S info?