It goes on the sch D (like a stock sale) and the entry looks just the same. The sale of land will go under investments. Follow these steps with some variation depending on the program: Open to federal income Locate investments Select stocks, bonds, second, home, other Select Other - land, second home, personal items Along the way you will skip import and choose to type it in manually. Enter information. When you select the drop down box you will see two options for land - personal and investment. Continue moving forward.

Question

Turbo Tax seems to have a bug. I chose 1099-S for capital gains from land transaction, it always brings up 1099-B instead.

Forum|Forum|1 year ago
April 5, 2025
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AmyC

It goes on the sch D (like a stock sale) and the entry looks just the same.

The sale of land will go under investments. Follow these steps with some variation depending on the program:

Open to federal income
Locate investments
Select stocks, bonds, second, home, other
Select Other - land, second home, personal items
Along the way you will skip import and choose to type it in manually.
Enter information. When you select the drop down box you will see two options for land - personal and investment.
Continue moving forward.