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tecoulter
Level 2
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  • If really want to enter a 1099-S follow these instructions. The following (of any TurboTaxversion), can be used for the sale of a second home, but is confusing ...
    tecoulter
    6
    Updated Mar 23, 2025
  • If you follow this instruction, you will also have the option to reduce your taxes if you lived in your second home for more than 24 consecutive, or 24 non-cons...
    tecoulter
    Updated Mar 23, 2025
  • The form for 1099-S is located in the "Wages and Income" tab; "Less Common Income; "Sale of Home (gain or loss)". Even though it looks like the sale of the prim...
    tecoulter
    1
    Updated Mar 23, 2025
  • So...let's complicate this even further. I received a 1099-S. I see I can enter the sale of my second home in Investments section as a capital gain like any oth...
    tecoulter
    1
    Updated Mar 23, 2025
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