- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I'm trying to enter the sale of a second home on the Sch B Worksheet in ProSeries Basic, but there is no code for "sale of second home". Any suggestions?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Your on the wrong schedule. Schedule b is for interest and dividend income.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Sch D/8949 is where it belongs, similar to a stock sale.
You wouldn't choose a category, except maybe Code L for personal sale, no loss allowed.
Basic is set up really different than Professional, Im not sure how to direct you to the proper place in Basic, sorry.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ahh, ok, when I typed D in the Where Do I Enter in Basic, it threw me down into Part 1 of Sch D, not at the top with the 1099B worksheet options.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes....sorry...that was a typo...I was on the Sch D worksheet...lol
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@Just-Lisa-Now- there is a box at the top of the form "report investment sales on the form 1099-B worksheet. You can also double click the Schedule D line on the 1040 Worksheet.