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Sale of inherited property
We (myself and 2 sisters) sold an inherited property from our mother. Property was sold Oct. of 2023. I received a 1099-S for the sale as executor of the estate. My question is can I claim the entire capital gain on my personal
taxes, pay the capital gains tax and be done with it, or do I have to split the "gain" between the 3 of us and each claim 1/3 on our individual taxes.
‎February 26, 2024
11:36 AM