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Sale of a inherited house
My mother passed away and we sold her house and per the will the money was split 3 ways. So my questions are.
1. Are these funds reportable on taxes sense they are from an inheritance. We did get an 1099-S from the title company.
2. If so where in TurboTax deluxe do I enter this amount. We did take a loss on the house and did get an K-1 from the estate taxes filed.
Mike
‎April 6, 2025
6:58 PM