When you get to tell us about this sale. Follow these steps: Click on I'll enter one sale at a time, boxes drop down. Box 1 description Second home continue filling in the boxes.Box 1d sale proceeds will match your 1099-S amount.Box 1e cost basis (usually how much you paid) plus capital improvements plus selling expenses

Solved

The sold a second home "jump to" instructions doesn't match TT Premier Investments dialog. Can't get to the "Other" tab to pick a home sale with 1099S. What do I do?

Forum|Forum|5 years ago
February 3, 2021
1 reply
0 views

No text available

Best answer by AmyC

When you get to tell us about this sale. Follow these steps:

Click on I'll enter one sale at a time, boxes drop down.
Box 1 description Second home
continue filling in the boxes.

Box 1d sale proceeds will match your 1099-S amount.

Box 1e cost basis (usually how much you paid) plus capital improvements plus selling expenses

ColeenD3

To record the Sale of a Second Home, you will need to enter the information in the Investment section.

See the screenshots below (Online program)

J

jadams10Author

The downloaded version of this program doesn't give me an option to go through different types of investment sales in the investment section. When I say "yes" on the screen question "did you sell any investments in 2020" I get a screen that asks if I got a 1099B. When I say "no" I get a screen asking me to enter sale #1 manually or put in a summary of sales. There's no question about a 2nd home sale and there's no 1099S form information asked for although the starting screen says they'll be covered. I've already seen the start screen and giving me that screen doesn't help any here when it never asks about other investments. I've used TurboTax for years and this is really frustrating.