What worksheet or form do I use to report a gain on Schedule D for the sale of inherited appreciated land?

Forum|Forum|1 year ago
February 9, 2025
1 reply
9 views

I know how to calculate the gain. I just need to know how to place it on Schedule D.

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George4Tacks

Level 15

Same as stock, buildings, race cars, .... Screen 17 DISPOSTIONS

Look for the last check box in the 1st section □ Inherited property with stepped up basis

Answers are easy. Questions are hard!

G

gjgcaryAuthor

Level 3

Thanks, George4Tacks,

I use ProSeries. I used the ProSeries 1099-B worksheet provided to enter the information on Form 8949 for Schedule D. I get confused on what form to use to get information to Schedule D, not the transaction itself. The 1099-B worksheet isn't used for reporting only Form 1099-B information and Form 8949 is also used by IRS to reconcile 1099-S information as well as Form 1099-B information.

gjgcary

George4Tacks

Level 15

Next time be sure to select ProSeries before you write your question. This question is under Lacerte.

I hope this will help you, if not post another question at this link

https://accountants.intuit.com/support/en-us/help-search?document_type=Articles&filter=ProSeries%20Basic&filter=ProSeries%20Professional&filter=location&q=1099-b

Answers are easy. Questions are hard!

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