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June 6, 2019
Question

I sold land in 2016. Do I have to pay taxes on the sell of the land?

  • June 6, 2019
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1 reply

Employee
June 6, 2019

To the extent you made a profit on the sale, yes, that's taxable income.  Please go to Federal Taxes>Wages & Income>Investment Income >Stocks, Mutual Funds, Bonds Other.  Proceed through the interview until you reach the question Choose the type of investment you sold, then select land.