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how do I enter the sale of inherited land in proseries basic?

kmsmith1
Level 2

Taxpayer did not receive a 1099-S for the sale of inherited land.  Where should this be entered?

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9 Comments 9
qbteachmt
Level 15

https://www.irs.gov/publications/p544

 

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kmsmith1
Level 2

I was looking for specific help as to where to enter the sale on Schedule D in Proseries Basic.  Everything feeds to Schedule D from another area so I can't figure out how to get it in the correct location.

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qbteachmt
Level 15

Everyone hates the new worksheet concept:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/how-to-input-miscellane...

 

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qbteachmt
Level 15
kmsmith1
Level 2

Well apparently, I am an idiot because I cannot figure out how to enter this information.  Every time I try to entry it, it look like the transaction was reported on a 1099-B and it as not.  I must be doing something wrong.  There must be a better way to do this.

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qbteachmt
Level 15

Here is the Help article:

https://proconnect.intuit.com/community/form-8949/help/entering-a-sale-or-disposition-of-assets/00/5...

 

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Linda88
Level 1

Where on Schedule D do i enter an inherited house?

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Linda88
Level 1

DID NOT RECEIVE 1099-S FORM FOR INHERITED HOUSE WHICH WAS SOLD AS A LOSS WHERE DO I ENTER THIS ON SCH D 

 

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jeffmcpa2010
Level 11

Go to Schedule D and use the 1099-B worksheet, Pretend instead of saying 1099-B the worksheet title was "Capital Gain and Loss detail worksheet". Enter the information how ever you have to to make it work.