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  • Re: Hi, as the executor of my sisters estate I sold her house November 2020. She purchased for 88.5 and sold for 95k. Lived in 5years. I do benefit from the proceeds. The estate received a 1099s. Do i...
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Investors & landlords

"The estate received a 1099s."

 

If the estate sold her house, then you need to file a Form 1041 (the estate received gross income of $600 or more for the tax year).

 

See https://www.irs.gov/instructions/i1041#idm140229151947712

‎February 11, 2021 1:07 PM
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