I do have a 1099-S and need to report it. TT directs me where to add the 1099-S information and that is under "investment income" since this is a timeshare sale...
Thank you for replying, but I am aware that the loss can't be deducted. TT does it automatically unless I change the cost basis amount to the same as the sales ...
Thanks for your response John. I am aware of everything you stated but my only question is whether I can deduct the premiums from my income. I am now self emplo...
