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I did not buy a home, but I was gifted a home. Do I need to report this on my taxes? If yes, then how?
The "life changes" question asks if I bought a home, but no money was exchanged. A dying family member transferred the deed to their house to me, after I had been living in the home with them for five years. I did not purchase the property, so my answer to "did you buy a home" is no. Do I need to report the deed transfer somewhere else while filing my taxes?
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‎January 3, 2023
10:18 AM