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Shasha28
New Member

Where on my return do I post the 1099S & the loss, currently I am using Turbo Tax Deluxe ?

This was for inherited land, not a timeshare or home
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TomK
Expert Alumni

Where on my return do I post the 1099S & the loss, currently I am using Turbo Tax Deluxe ?

You will need to upgrade to TurboTax Premier in order to report this investment sale.  As you proceed through the interview screens (initiated by the FAQ directions below), you will eventually come across the question of how this land was acquired (inheritance & the date).

Please read this TurboTax FAQ for information on "Where do I enter the sale of a second home, an inherited home, or land?": Where do I enter the sale of a second home, an inherited home, or land?

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