jesnken1
Returning Member

Estate and Schedule K-1's

I have a question. Parents home was sold after they passed away, In the will, the sale of house was to be divided up by all the kids (8 in total).  But when the house was sold, the lawyers for the estate were not made aware of the distribution for the kids.  received a 1099-s from the lawyers, Should I give all remaining kids "beneficiaries"a schedule k1 for their share of the distribution of the sale of the house, and is so, what line on the k1 is the sale o the house.