kbs2
New Member

Inheritance

My father passed away in California in November 2019.  His estate was in a trust so we had an attorney do the necessary paperwork to sell my half of the home to my brother who wanted to keep the home.  We completed this transaction by February 2020.  Since the amount I received was well below the taxable amount do I even have to report it and if so where in turbo tax do I do that?