pk
Level 15
Level 15

Get your taxes done using TurboTax

@Faiswal , what is your immigration status -- US citizen/Resident ( GreenCard)/Resident for tax purposes or Non-Resident Alien ?   What about your brother?  Where is the property located?  What type of trust was this --- a decedent trust or what -- that is what I am trying to understand  is  your basis in the property -- is it to be treated as a gift or as an inheritance ?   Anything that could establish the basis of the property attributable to you would help in this .

 

Waiting to hear from you 

 

pk