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sale of inherited home
3 sisters inherited the family home. The 1 sister was paid out and she didn't take the inheritance tax write off when she claimed her income years ago. This year the 2 sisters sold. Do they get to report on their taxes half each of the inherited amounts of the house (amount based on the value of the home the year of inheritance)?
Thanks
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‎January 30, 2020
12:57 PM