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Get your taxes done using TurboTax
Diane, thank you once again for walking through how to report the sale of an inherited house. One follow-up question:
Does it matter that the house was part of my father's revocable trust when it was sold? I was told by someone else (outside of TurboTax community) that the sale of the house will be covered by the tax return we do for the Estate, and I will include a K-1 in my TurboTax personal return, but I should NOT report the house sale via inheritance in my personal return. I've looked through the internet and cannot land on anything definitive. Any ideas? Thanks so much!
‎April 12, 2024
1:02 PM