Hello:
I purchased the Trubotax Premier. Where do I report an inheritance? My dad passed in 2018, and left 5 children his home and several condos. We sold 3 properties under the market value of when he died. How do I report this? Property values are listed below to include sale price.
Property one value in 2018: $275,000
Sold in 2020 for: $265,000 Loss: $10,000
Property two value in 2018: $38,000
Sold in 2020 for: $38,000 Loss/Gain: 0
Property three value in 2018: $73,000
Sold in 2020 for: $72,000 Loss: $10,000
