jbasiljr9
New Member

Deductions & credits

Thanks for the reply.  A few more follow up questions:

My Mother's estate does have an EIN.  Would I have to get TurboTax business and file a 1041 for her estate?  If so, then my brother and I don't have to report the home sale on our returns, any taxes due would be paid from her estate return.  Is that true?

I'm assuming the proceeds of the home sale would go into her estate account.  How and when would I distribute that money to mine and my brother's accounts?