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Get your taxes done using TurboTax
There is no panel in TurboTax for a 1099-S.
you file as follows "10% interest in inherited property".
figure the sale as if there were one owner and then divide all those amounts by 10 on your return.
When a home becomes vested, you (in this case, you and your mom) had to get an appraisal by a professional appraiser to set your cost basis.
‎January 31, 2022
9:23 PM
2,732 Views