I found an object while cleaning our my deceased parents home that I imagine would be considered an inheritance.
I subsequently sold the object through a 3rd party auction house on a lark (parents had no idea of it's value).
I received an amount more than expected ( >600.00$).
The auction house will be sending me a 1099x and will be reporting it to the IRS.
Is this money considered reportable Income or just considered part of my inheritance?
