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Sale of Inherited home with siblings
Myself, brother and sister inherited our parent's home after my father died in October 2019. We sold it in August 2020. No one resided in the home from the time my father passed to the date of sale. We did not have an appraisal done on the home when my father passed. Do we owe tax, and if so how do I report my 1/3?
March 28, 2021
4:29 PM