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1099-S proceeds from real estate transactions

jasontran
Level 3

Hello,

Where to enter the 1099-S proceeds from real estate transactions on Proseries professional tax software?

0 Cheers
4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

Depends what was sold.

Rental property you dispose of it through the asset entry worksheets.

Personal residence you use the Home Sale Worksheet

Other real estate you use the 1099B worksheet, just like a stock sale.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
dascpa
Level 11

Are you aware of the big green button on the top of the page that says Where do I Enter?  

Just-Lisa-Now-
Level 15
Level 15

it gives a bunch of choices for the 1099S when you type it in there


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Terry53029
Level 14
Level 14

The original poster will know (should) which choice to use