My wife and I inherited her mom's home in Dec 2018 when her mom passed away. My wife was an only child and so we inherited the home. We sold it in May 20, 2021, and financed the deal for up to 12 months. We received a deposit for 31,000 in May of 2021. We recently received the final payoff with interest (2022). How do I claim the $31,000 income in 2021 without being taxed by TURBOTAX for income. It was an inheritance.
