1099-S

Forum|Forum|2 years ago
January 31, 2024
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I was a 50% investor in a condo that was partially used for vacation purposes and was not my primary home. I sold this interest and received a 1099-S. How do I report this in Turbotax?

DianeW777

It will be an investment sale in TurboTax. Follow the instructions here to enter the sale of your condo.

Here's how you enter those:

Open (continue) your return in TurboTax.
In the search box, search for investment sales then select the Jump to link in the search results.
Answer Yes to the question Did you sell any of these investments in 2023? (or Okay! to Time to kick off your investments!).
- If you land on the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments.
Follow the on-screen instructions to either import your investment sale info or enter it in your return yourself

You can also select Wages and Income > Scroll to Investments and Savings > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) > Start or Revisit > Scroll to Select Add investments

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