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billbowhunter
Returning Member

sold land

I sold land and cannot find the sold second home option in Turbo Tax Premium. Help say to go to Investments section, but it is not there.

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1 Reply
MinhT1
Expert Alumni

sold land

In TurboTax Online, you can enter the sale of land by following these steps:

 

  1. Open your tax return
  2. Click on Federal in the left-hand column, then on Wages & Income
  3. Navigate to the list of income categories
  4. Locate the section Investments and Savings and click on Add/Edit
  5. Continue until you arrive at the page OK, let's start with one investment type. Select Other and click Continue
  6. Follow the TurboTax interview to enter your information. 
  7. If you incurred sale expenses, you can subtract them from the proceeds.
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