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Get your taxes done using TurboTax
you don't need the form because you already entered the sales price
advise -
be sure to enter the closing expenses (broker, etc.) from the closing statement that will reduce your net sales price
the 'cost basis' should be the value of the property in 2010 when your wife inherited it, NOT the value when you MIL first purchased the property
and everything should be cut in half since your wife only owns 50% of the interest .
March 27, 2019
5:03 AM