TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

I sold some land. not my home just a piece of land and i can not find where to enter it

Forum|Forum|1 year ago
January 24, 2025
1 reply
0 views

is there a phone number i can call for help

This is considered investment sale. You will report it in the investment section of TurboTax.

In TurboTax Desktop:

Search for sold second home and select the Jump to link.
Answer Yes on the Did you have investment income in 2024? screen, then Continue. If you land on the Your investments and savings screen, select Add Investments.
Select Skip Import.
Select Other
Follow the onscreen instructions.

Enter the amount of gross proceed then, add the deductions/expenses to the cost basis of the land.

Where do I enter the sale of a second home, an inherited home, or land on my 2024 taxes?

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"