I'm a little confused and think I may be doing something wrong in Turbo Tax Business. My mother passed in 2018 and I sold her house in 2019. The FMV of the house was $240,000. With sale price of $222,000 and other expenses it shows as a loss on the estate tax form. BUT, the K1 form I have to file shows a short term gain of $201,000. Do I have something entered wrong somewhere? Where should I look? I can't believe I should have to pay any taxes on my personal taxes based on the sale of this inherited prorperty.
