Yes, if you did not live in the home as your primary home, this would be a taxable sale.
You would enter it by clicking the following:
- Federal
- Income
- Show More next to Investment Income
- Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
- When asked what type of investment did you sell select Other
- You can select second home or other for type
- then select that you inherited the property on the next screen
- Then walk through the questions and enter the sale and expenses for the sale of the home.
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