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Get your taxes done using TurboTax
Thank you very much for your reply. Just to be sure I've got this right, since I and two siblings inherited the house, would I enter a third of the fair market value (as of the time of death) AND a third of the sale amount since it was split three equal ways? Also, I started to enter it yesterday but didn't see a spot for the day of inheritance, only the day of the sale. Did I miss a field? Mom passed away 2/2/24, the house remained empty until it was sold on 4/12/24.
Thank you very much.
March 23, 2025
12:35 PM