I have the same issue as the OP re. the sale of an inherited second home that was never rented, or used for personal reasons. As such, it should be considered as long-term capital gains per all the research I have garnered. I have entered the data as suggested in this post in the 2020 version of TurboTax Deluxe. However, I have encountered two issues:
1. If I enter the acquisition date, it would flag it as a short-term capital gain since it was sold approx. 3 months after the inheritance while being unoccupied. The online guidance is to enter the word "inherited" for the date acquired, as that would categorize as a long-term capital gain. That generates an error!
2. I have received a 1099-S for the sales proceeds, not a 1099-B. There is no way to document that in the 2020 version of TurboTax Deluxe that I have found. So do I select that I have received a 1099-B or not, which are my two choices.
Frankly, this deliberate omission for 2020 is a complete and utter disaster and disservice to the users.
Any help from the community would be greatly appreciated.
