arnauds
New Member

1099 S? received 1099 S from sale of inherited property - $57,720 but paid a $6,000 debt back to the estate realizing a net of $51,720 from the sale. How do I report?

1099 S? I received 1099 S from sale of inherited property for $57,720 but paid a daughter's $6,000 debt back to the estate, relative the the sale of the property, realizing a net of $51,720 from the sale. How do I report?