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Sale of a second home
I'm using Turbo Deluxe. I have my own home and my mom signed over her home to me back in 2003. she remained living in the house until she passed away last year. The home at that time was $80,000 and I sold it for $112,000 minus taxes and fee that occurred when I sold it coming to $88,000. Do I claim this as capital gain? Where in turbo tax do I put this? Or do I even claim this? I also did not receive any forms in the mail like a 1099B or 1099 S.
‎February 6, 2021
8:14 AM