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Thanks.. Would i report this on my personal income tax return as i am completing a income tax return for the estate of my deceased mom and reporting it there.. I would need to to do the same for my personal tax return? I did not receive any documents except the 1099s for the sale of the home but i established a separate account with an ein number where the money was deposited. I took the proceeds from that account and distributed to the heirs according to the will.. I was confused if I would need to report my share to IRS or if I am responsible for submitting any official documents to the other heirs for the money they received.
‎February 19, 2025
3:09 PM