I am a DE resident. My mother died in late 2019. My 3 siblings & I sold her home in 2020, and we each got 1099-S's for 1/4 of the gross proceeds. When it sold, our real estate atty filed the requisite form, showing there were no taxes due, because of the step-up basis. I had no other income in NY.
My first question is do I really have to file the 203, since I know I don't owe any taxes to NY (& that form was submitted upon closing)?
Assuming, I do, however, I paid the $45 for the additional state form. (I have TT Premier.)
I do not understand the TT page/questions, asking me for Sold Assets - Difference Basis (& the amt. I would've declared, if). I've filled the Fed Amt & NYS Amt boxes out different ways, & I keep getting a Tax Due amt. in excess of $1k, which I know is wrong. I also get no questions where I can put in the cost basis of the house at the time my mother died. Furthermore, there are no TT explanations on this page or anywhere else in the program. I must be doing smthg. wrong. Please help. Thank you.
