- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
No, until the funds are dispersed, you will not have a tax liability on your personal return. The estate is reporting the sale for now.
The estate will issue a k-1 for you to file with your tax return. It will show your share of any distributed taxable income items from the estate.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 20, 2025
2:32 PM