It is reported on the estate return because that is the entity that owned it. The mortgage does not enter into the reporting of the sale of a home at all. You will be entering the Sales Price minus the cost basis of the home = Gain/Loss on sale. You will need TurboTax Business software for the estate tax return or you can use the IRS forms
<a rel="nofollow" target="_blank" href="
https://www.irs.gov/pub/irs-pdf/i1041.pdf">https://www.irs.gov/pub/irs-pdf/i1041.pdf</a>
<a rel="nofollow" target="_blank" href="
https://www.irs.gov/pub/irs-pdf/f1041.pdf">https://www.irs.gov/pub/irs-pdf/f1041.pdf</a>
<a rel="nofollow" target="_blank" href="
https://turbotax.intuit.com/small-business-taxes/">https://turbotax.intuit.com/small-business-taxes/...>
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