Yes. You will report the sale in the same section in which you report stock and other investment sales, some of which are reported on Form 1099-B. As you go through the questions you will be asked if you received a Form 1099-B - answer no. Unless you held it long enough for it to be investment property or used it as rental, it will be a personal item. Be sure to indicate that you inherited the house. That will tell the program that it is long-term, regardless of how long you held it.
All the selling expenses like transfer tax, deed filing, commissions, advertising, anything you paid at closing are an adjustment to you proceeds. After entering the amount on Form 1099-S, you will be able to enter an adjustment to the proceeds. Enter all of you selling costs.
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