mpage35
New Member

Do I need to claim the sale of my home that I acquired thru quit claim deed with rights of survivorship from my mom?

I lived in the home at the time of her death in 2013 until the time I sold the home in 2017. I believe my parents bought it for $32,000 in 1977 and I sold it for $287,000. Would it be reported as an inheritance or my primary residence?