how to report sale of land that was involved with main home but not selling the main home and land area
Client is getting old and decided to sell off 27 acres of his land hooked to his home that had originally 35 acres. He and his wife are keeping the 8 acres with their primary home on iit. There was not a 1099b issued as of this point and don't know if they will get one and just want their taxes done.
I was thinking it should go onto a schedule D but when I started to enter it on the form that attaches to the schedule D.it is mainly for stocks and wants that type of info.
Thank you in advance for any and all help possible.
