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Couple quick questions regarding sale of inherited home with my siblings and received a 1099-S.
Q1) Enter as investment and answer "NO" to receiving 1099-B?
A1). Yes
Q2) Can I enter address as the description?
A 2). Yes.
Q3) Do I enter cost basis and proceeds as 1/5 of sale price, as my 4 siblings and I split expenses ?
A3). Yes
‎February 20, 2023
11:17 AM