aareyna
New Member

Sold co-owned property.

I am one of four sibling that inherited a property in 2010, sold in 2025. The house was not a rental as family member was living there. When reporting this on Turbo Tax, do I enter 1/4 of the amount for the Sale Price, the Sales Expenses and other related item? Or, do I have to list the full amounts? If so, how do I report my share correctly for Tax purposes?

 

Thank you.