It goes on the sch D (like a stock sale) and the entry looks just the same. The sale of land will go under investments. Follow these steps with some variation depending on the program: Open to federal income Locate investments Select stocks, bonds, second, home, other Select Other - land, second home, personal items Along the way you will skip import and choose to type it in manually. Enter information. When you select the drop down box you will see two options for land - personal and investment. Continue moving forward.

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

john-shine

Question

Turbo Tax seems to have a bug. I chose 1099-S for capital gains from land transaction, it always brings up 1099-B instead.

Forum|Forum|1 year ago
April 5, 2025
1 reply
0 views

No text available

AmyC

Employee

It goes on the sch D (like a stock sale) and the entry looks just the same.

The sale of land will go under investments. Follow these steps with some variation depending on the program:

Open to federal income
Locate investments
Select stocks, bonds, second, home, other
Select Other - land, second home, personal items
Along the way you will skip import and choose to type it in manually.
Enter information. When you select the drop down box you will see two options for land - personal and investment.
Continue moving forward.