I'm a GA resident, sold an inherited house in NYS in 2024. Closing attys filed form IT-2663 reporting the sale with $0 capital gain (basis = sale proceeds). I reported the house sale with on the Federal return in TurboTax, cap gain = $0, and now I've filled out the non-resident NYS return - (this is my first time using TurboTax in many years). The only place I saw sale of inherited property on the NYS side was under the adjustments if different from Fed - this did not apply.
So I'm assuming TurboTax automatically feeds the inherited house sale through to the NYS return?
Also, the federal side is forcing the sale as Box F (not reported to IRS) but there may be a 1099-S filed - it's early & I haven't received one, but closing atty says he gave one to the lending bank & they may file one - does it really matter as long as the info is reported?
Thank you
