Question

land sale

I sold some land in 2023 and received a substitute 1099s. How do I file this?

You will report the sale in the same section in which you report stock and other investment sales. To Enter in TurboTax:

Type "Investment sales" in the search window and click Enter
Click on "Jump to Investment sales"
On the page with "Did you have investment sales in 2023?" Answer Yes
Answer No to "Did you have crypto income or losses in 2023?"
Skip the import sections and click on Enter another way
On the screen with OK, let's start with one investment type, click on "Other"
Answer No to "Did you get a 1099-B..."
Enter the name of the person or entity that brokered the sale (you can leave this blank)
On the "Now enter one sale for [description]" Indicate "Land..." Select between investment and personal.
The interview will walk you through entering the details of the sale