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Get your taxes done using TurboTax
If the house was owned by a trust, then the sale of the house will be reported on the trust's fiduciary return (Form 1041), with the resulting income (if any is taxable) being passed-through to your return on Form K-1. The proceeds you received will be a distribution from the trust and will not necessarily match the gain or loss from the sale.
I recommend that you contact the trustee and verify that there was no taxable gain or a loss from the trust if no income from the sale is showing on your K-1.
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‎February 22, 2020
12:26 PM