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 in 2022 and have a capital gain. I go to investments, select other (1099S) but the transaction saves as a 1099B in Turbotax. Any suggestions?

Forum|Forum|3 years ago
January 8, 2023
2 replies
0 views

I am using Turbotax Premier,

TurboTax Premier Online

ALL those sales go to the Sch D so don't let how it looks in the program worry you ... just review the Sch D later.

Employee

Alternatively, don't enter the 1099-S (TurboTax wants to treat it as a home sale).

In TurboTax (TT), enter at:
- Federal Taxes tab (Personal in Home & Business)

- Wages & Income

Scroll down to:

-Investment Income

-Stocks, mutual funds, Bonds, Other (Real estate is other )

Answer no, when asked if you got a 1099-B. Then follow the interview. As Critter said, it goes on Schedule D.