I am posting this question here because when I asked the so-called champ expert in a PM, I was told to put it here. I don't understand why I have the option to PM the expert but told to put my question to the public.
So, Champ level 15, xmasbaby0, here you go.
I had inheritance land in trust for over 20 years. I had it taken out of the trust and my half put in my name 31 Jan 2020. I sold the land in 2021 with a final sale date of 15 Jan 2021. How do I claim this on my Federal and Illinois taxes? Do I owe any gains tax etc. All advice or references will be greatly appreciated.
That is, it and I would like a Turbo Tax Cuatomer Services Rep contact me about this situation. of your Expert.
