coxdt
New Member

Deductions & credits

what if my parent passed and we sold the house after we cleaned everything out.  Is the price for the sale of the house basically the value at the time of death if we really did not do any improvements other than clean and get rid of personal items? then sold it a month later.  So we are treating the sale price as the value.  If there is not capital gains, do we have to claim anything on our taxes if the net is $0?