bkayner1
New Member

Do I need to include the following sale in my tax return? My parents and I sold a home. I did not receive any income from the sale.

My parents purchased the home in 2000. My name was included in the purchase because I was to live there while attending college. They sold the house this year. I have not been paying the mortgage, property taxes or anything on the house. I received no money from the sale. The proceeds were deposited into my parents' account.