wh6c
New Member

Get your taxes done using TurboTax

My wife & her sister owned a home with their mom. She passed away so the 2 of them now own it. It's NOT for rental income and stood vacant for years. They just sold it and we want to know which TTax version to use. Is Deluxe able to do the job? They did an appraisal upon her death to set as basis, and the home sold for less than the basis so I presume there won't be any capital gains there. Since it was NOT used for rental income or any kind of income, they should be able to file using TTax Deluxe, right? Thanks for any help and guidance.