Skip to main content
June 1, 2019
Question

Do I have to report a sale of property where I made $33,000 gain? Please note that I did not receive a 1099-S

  • June 1, 2019
  • 1 reply
  • 0 views
No text available

1 reply

Employee
June 1, 2019

Yes, if the property was not your primary home that was lived in for two of the past five years, then the gain on the sale of the property is taxable.  See the steps below for where to enter the property sale into TurboTax:

https://ttlc.intuit.com/replies/4241480

If this was a rental property, then the sale needs to be entered using the steps below instead:

https://ttlc.intuit.com/replies/3388350