I am using Turbotax 2017 home and business
In 2017 I sold my property (a vacant residential plot) in foreign country and paid local taxes.
How do I report cap gains and report taxes paid on the above transaction using Turbotax 2017 home and business edition.
Report the sale in the Investment section.
For the foreign taxes paid, enter under the Estimates and Other Taxes Paid, Foreign Taxes section under Deductions & Credits.