About tomatojam

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Re: record 1099-S on Rental Property

It prompts for sale of land automatically in the rental sale section. All numbers are populated correctly except line 1a gross proceeds are blank. @JamesG1

tomatojam

Updated Mar 02, 2026
Re: record 1099-S on Rental Property

Yes. That's what i did. On form 4794, everything was recorded correctly except the line 1a was left blank in turbotax. @JamesG1

tomatojam

2

Updated Mar 02, 2026
Re: record 1099-S on Rental Property

I just realized form 4797 line 1a is not populated on the rental property sale. I have put in the correct info as line 2 and line 20 adds up to the amount on 10...

tomatojam

9

Updated Mar 02, 2026
Re: record 1099-S on Rental Property

Got it. Since 1099-s only has a gross number. Should i also seperate the total number into land and real estate in turbo tax?

tomatojam

13

Updated Mar 02, 2026
Re: record 1099-S on Rental Property

Yes. but seems like there is no dedicated section for me to put in the form 1099-s

tomatojam

15

Updated Mar 02, 2026

Activity Feed for tomatojam

Posted Re: record 1099-S on Rental Property on Investors & landlords. ‎February 23, 2026 6:54 AM
Posted Re: record 1099-S on Rental Property on Investors & landlords. ‎February 23, 2026 6:19 AM
Posted Re: record 1099-S on Rental Property on Investors & landlords. ‎February 22, 2026 6:40 PM
Posted Re: record 1099-S on Rental Property on Investors & landlords. ‎February 20, 2026 2:12 PM
Posted Re: record 1099-S on Rental Property on Investors & landlords. ‎February 20, 2026 2:06 PM
Posted record 1099-S on Rental Property on Investors & landlords. ‎February 20, 2026 1:33 PM

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Date Registered	‎February 20, 2026 1:29 PM
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