dmertz, I think you hit every question that I had. I'll enter the K-1, as it was prepared, and NOT the sale of the home. This would also mean I do not have to enter the money I received from the estate- since it's nowhere near 11 million ?
One other question, If I enter the K-1, will it automatically transfer to my Pennsylvania state return? I also received a PA-41 Schedule RK-1. I thought the inheritance was tax exempt for PA, but I imagine it has to be listed somewhere ?
thank you for help
