Estate-Sale of decedents house

[CDA]

My mother passed away on 2022.

I am the representative and the beneficiary of my mother’s estate. I received a 1099-S for the sale of my mother’s house. No gain or loss on the sale. No other income.

I am having major problems with Form 1041 deductions on line 15a. I have read so much on the internet regarding this that I am totally confused on what I can use.

Can you please help me out?

Are any of these items deductible?

Closing costs:

1) Wisconsin Transfer Tax to Register of Deeds

2) Home Warranty to Universal Home Protection

3) Real Estate Commission-Listing Agent

4) Real Estate Commission-Selling Agent

5) Title-Gap Endorsement to Land Title & Closing Service LLC

6) Title-Owner Title Insurance to Land Title & Closing Service LLC

7) Title-Special Assessment Letter to Land Title & Closing Service LLC

😎 Title-Adjustment for Owner's Premuim.

Thanks 

I really need help. Please email me back a response.

[RobertB4444 · Accepted solution]

All of those closing costs are combined and entered as the "expenses of sale."  

When you are entering the transaction into TurboTax you will enter the amount that you received for the house (the amount from the 1099-S, which may be greater than the actual check that you received), then the value of the house is the value at your mother's date of death.  

Then it will ask for expenses of sale and you will enter any amounts that you spent fixing the house up to get it ready as well as any amounts that you were charged at the closing.  The end result is the loss or gain on the sale which will be entered on to the tax return.

@CDA

[CDA · Accepted solution]

Thank you very much for your rest. Hopefully I can finally put this down as completed.