Deductions & credits

I received my deceased mother's portion........

 

Did you receive a tax reporting statement, such as a K-1 (1041)? 

 

It is likely that the funds you received are not taxable if the sale of your grandparents' home resulted in no gain (or even a loss). You would need to ask the fiduciary of the estate (the person responsible for settling the estate and preparing any income tax returns due) for clarification.