Thank you tagteam,
So if I don't receive a 1099-s does that mean I don't report it? From what I can tell only one person needs to file a 1099-s for the sale of the house and the son who was executor that handled everything will probably be the one who receives the 1099-s. Am I thinking correctly? If I do get a 1099-s I would just put down our share and list a $333.33 loss in capital gains as there was no increase in value from when we received the house and when we sold the house. Should I do that regardless of whether I get a 1099-s or not?
Thank you again for taking the time to help us.
