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April 17, 2025
Question

Section 1250 Property

  • April 17, 2025
  • 0 replies
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Turbo Tax is forcing my sale of property as a Section 1250, 1245 OR intangible property and it does not fit any of those categories.  We sold a piece of land with no structures, etc.  I have read that land is not included in the section 1250, but Turbo tax will not let me leave it blank.  Can anyone help me get around this issue.