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?
Your on the wrong schedule. Schedule b is for interest and dividend income.
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.
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.
Yes....sorry...that was a typo...I was on the Sch D worksheet...lol
@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.
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