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3 siblings sold moms house under 6 months after death. each rec a 1099-s with the total net proceeds amount, what do we show in net proceed amount in investments?
so mom passed away 5/29/2017 we sold her house on 11/21/17. we all three received a 1099-S showing the same Gross Proceeds amount of 51,666,68 yet we split the proceeds. Do we have to all three show the gross proceeds or just the portion we received.
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‎June 6, 2019
6:09 AM