kuijper1
Level 2
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Thx Coleen. I was unclear. The capital loss was over $3K and TT correctly applied only $3K of the loss to 2020. On that $3K, I expected a lower tax amount of $6...
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Hi, I have sold a vacant lot in 2020 and followed the advice below. However, if I click that I have not received a 1099-B it does not take me to another list .....
Activity Feed for kuijper1
- Got Cheered for Re: Sale of Vacant lot. February 13, 2022 6:17 PM
- Got Cheered for Re: Sale of Vacant lot. December 24, 2021 5:46 PM
- Posted I upgraded to TT Premier per the advice of a TT expert in order to be able to enter and correctly label a land sale. But I don't see a "land" option. on Deductions & credits. March 2, 2021 8:18 AM
- Posted Re: I sold vacant land that I owned since 2016 at a loss in 2020. TurboTax taxes this at my top t... on Deductions & credits. February 28, 2021 1:31 PM
- Posted I sold vacant land that I owned since 2016 at a loss in 2020. TurboTax taxes this at my top tax bracket of 37% instead of the 20% L/T capital G/L rate. Is that correct? on Deductions & credits. February 28, 2021 5:40 AM
- Posted Re: Sale of Vacant lot on Get your taxes done using TurboTax. January 18, 2021 1:37 PM