You will enter the 1099-S, but also report that it was inherited. The sale will not be taxable unless it increased in value between the date you inherited it and the date you sold it.
Please open your account and start your return
Click on
Federal
Wages & Income
You may need to choose "I'll pick what to work on"
and scroll down to "Investment Income" Show
More
Click Start (or Revisit) next to "Stocks,
Mutual Funds, Bonds, Other"
"Did you get a 1099-B?" Click No
"Choose the type of investment.." Click "Everything
else" and Continue
Follow the screens to enter the investment
information.
You will need to enter the date and value when
it was inherited or purchased.
