Irene2805
Expert Alumni

Get your taxes done using TurboTax

tagteam is correct -- report the transaction as the sale of investment.  Please follow these steps:

  1. In the return, click Federal Taxes > Income.
  2. In the Investment Income section, click the Start/Update box next to Stocks, Mutual Funds, Bonds, Other.

To indicate that this is the final return:

  1. Click General InfoAbout your Trust or Estate
  2. Click the Edit box next to the name of the estate.
  3. On the next screen, indicate that this is a final return and the month the estate closed.