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Level 2
February 27, 2022
Solved

How to enter sales of capital assets from a 1099S to reflect on a Sch D

  • February 27, 2022
  • 4 replies
  • 18 views

On returns 2019 and prior you could enter the sale of assets (not business related) on a Capital Gains Tax Worksheet and it would flow to the Sch D.  Where can I enter 1099s information for sale of land, not business related or investment related so it will go on the Sch D? 

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Best answer by Just-Lisa-Now-

Could have sworn I just the same question on Friday or Saturday, did you ask it using another UserID?   Heres the answer again.

Sch D, use the 1099B worksheet, enter in the Entry Table, then double click on the description box that will open a window that has a box to check for personal property, so it disallows any loss.

4 replies

Just-Lisa-Now-
Intuit Community Champion
February 27, 2022

Could have sworn I just the same question on Friday or Saturday, did you ask it using another UserID?   Heres the answer again.

Sch D, use the 1099B worksheet, enter in the Entry Table, then double click on the description box that will open a window that has a box to check for personal property, so it disallows any loss.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 10
February 27, 2022

And Lisa is Right that Pro Series could do us a favor and change the name of the 1099-B worksheet to Capital Gain and Loss worksheet.

thodgetaxAuthor
Level 2
February 27, 2022

Yes, it would be nice, that was an option in 2019, would be nice to have that again.  Thanks.