Where to input 1099s

Forum|Forum|4 years ago
March 9, 2022
1 reply
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I received a 1099-S from the escrow company from a real estate sales transaction in which my portion of real estate taxes was credited to me. Where should I input this info in Turbotax Premier? Turbotax does not tell me where to 1099S info when I run through the various sections related to 1099 information. The section for entering 1099-MISC and other 1099 forms seems to be the correct section but there is no prompt for entering 1099-S.

RaifH

Level 10

To enter the 1099-S in TurboTax, you would use the Investments section:

In the Federal > Wages & Income > Investment Income section of your return, click Start/Revisit next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Click Yes or Add more sales
Select Other
You would enter your portion of the sale here just as it appears on the 1099-S the broker provided. Make sure to use the dropdown menu to select the type of investment.
If you have additional sales expenses not listed on the 1099-S, you may enter them on the next screen Let us know if any of these situations apply to the sale