I sold personal property this year but have not received 1099. Should I claim it on this years taxes.

Forum|Forum|7 years ago
June 5, 2019
1 reply
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I purchased this unimproved property in 1984. It is unimproved property. I sold for a profit. What can I claim against it, purchase price, annual real estate taxes, etc?

TurboTax Home & Biz Windows

Carl11_2

Employee

You have the closing statement you got when you closed on the sale. It has all you need. You'll report the sale under the Personal Income tab in the Investments section. Elect to start/update Stocks, Bonds, Mutual Funds, Other and just work it through. A majority of your questions will be answered for you if you just click the "learn more" links on the screens presented to you, as you work this through.