MayaD
Expert Alumni

Get your taxes done using TurboTax

Yes, you have to report the sale of inherited home. 

 

  1. Log in to your account.
  2. Go to Federal Taxes.
  3. Go to Wages and income.
  4. Go to Investment Income.
  5. Go to Stocks, Mutual Funds, Bonds, Other.
  6. Answer Yes on the Did you sell any stocks, mutual funds, bonds, or other investments in 2019? screen.
  7. Answer No to the 1099-B question.
  8. Select Second Home for the question What type of investment did you sell?
  9. For the question How did you receive this Investment  choose I inherited it.
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