You would report that in the Federal section of TurboTax, under Wages and Income and then Investment Income. Look for Stocks, Mutual Funds, Bonds, Other. Indicate that you did not receive a form 1099-B. Choose the option that indicates that a loss on the sale is not deductible, or that the sale is not from investment property. Your menu options will vary depending on which version of TurboTax you are using. The cost of the property would be its fair market value when you inherited it.
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