GeorgeM777
Expert Alumni

Deductions & credits

To follow-up on the comments from @JillS56, your principal payments are essentially just a return of your original investment.  As such, they are not taxable.  In terms of your basis, as @JillS56 mentioned, use the date of death value as your cost basis which appears to be $220.17.

 

@sfritz01

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"