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April 11, 2025
Question

How do I enter proceeds from the sale of mineral rights in turbotax?

  • April 11, 2025
  • 1 reply
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Where can I enter income from the sale of mineral rights in turbtax online?

    1 reply

    AmyC
    Employee
    April 12, 2025

    You need form 4797 reporting the sale of your business property. It will show up on Sch D.

     

    Publication 544 (2024), Sales and Other Dispositions states that mineral rights are reported on From 4797.

     

     

     

     

     

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