Skip to main content
March 23, 2024
Question

Sale of inherited land/1099-S

  • March 23, 2024
  • 1 reply
  • 0 views

In 2023 I sold some farmland that I inherited from my parents.  I have a 1099-S.  Where do I enter it?

    1 reply

    March 23, 2024

    in the investment section

    1. Click on Federal > Wages & Income
    2. In the Investment Income section click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other.  If you have already entered some investment sales, you will see a screen Here's the investment sales info we have so far.  Click on the Add More Sales link. 
    3. If you haven't yet entered some investment sales, you will see a screen Did you sell any investments in 2023?  Click the Yes box.
    4. On the screen what type of investments did you sell? mark the Other  then Continue.
    5. When you get to the screen, Now we’ll walk you through entering your sale details enter the details of the sale.  
    6. Click Continue when done.