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New Member
posted Apr 29, 2022 3:30:57 PM

Purchased 2nd property. Held both for 15 months and then sold 1st property. Turbo tax not prompting form and schedule to determine capital gains on sale of first

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Moderator
May 6, 2022 6:03:47 AM

To do this in TurboTax Online: 

 

  1. Click on the find icon at the top-right corner of the page.
  2. Type "cap" in the search bar, select "Capital Gains and Capital Gains Deduction Profile" from the list and click " Go".
  3. On the page titled "Your Capital Gains Profile for 2021", select "Sold stocks, bonds, real estate, other capital property, or sold qualified small business corporation shares and/or qualified farm property and you have a capital gain or loss to report". Click "Continue".