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Get your taxes done using TurboTax
sorry for your loss
each of you reports on form 8949/schedule D the sale proceeds per 1099-S (investment section)
for its tax basis, you each use 1/2 of the date of death value
in addition, you are allowed to deduct your share on selling expenses.
if there is a loss it's only deductible if it was no personal use after she died
March 5, 2022
9:49 AM