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Level 2
posted Feb 12, 2021 5:53:56 AM

Terrible handling of 1099-S

I sold some raw land, and received a 1099-S. The steps for entering this in TurboTax premier are incredibly murky! Why is there not just a simple 1099-S like everything else? This is totally "kludgy!!!!" I can't even get the form and manually force it!! I really cannot believe it!

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1 Replies
Level 15
Feb 15, 2021 3:25:08 PM

Perhaps this procedure will help.

With TurboTax Online open, 

  1. Click the Pick up where you left off button, if it’s present
  2. Click the Search box at the top of the screen
  3. Type form 1099-s in the search box
  4. Click Jump to form 1099-s
  5. Answer Yes on the Did you sell stocks, mutual funds, bonds, or other investments in 2020? screen
  6. Answer Other on the OK, what type of investments did you sell? screen, then Continue
  7. Begin entering your information on the Tell us more about this sale screen

Form 1099-S reports proceeds from real estate transactions.