turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Got a 1099-s for selling my deceased sisters house do i have to report this as income, or where do i enter this ?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
KiaraE
New Member

Got a 1099-s for selling my deceased sisters house do i have to report this as income, or where do i enter this ?

If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Incomesection. Here's how to enter the form:

  • Open your return.
    (To do this, sign in to TurboTax and select the blue Take me to my return button.)
  • Type “sale of home” in the Search box.
  • Select the “Jump to” link in the search results.
  • Follow the screens to enter the info from your 1099-S.

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

Other real estate sales

If your 1099-S wasn’t for the sale of your main home, select the option below for step-by-step instructions:

View solution in original post

1 Reply
KiaraE
New Member

Got a 1099-s for selling my deceased sisters house do i have to report this as income, or where do i enter this ?

If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Incomesection. Here's how to enter the form:

  • Open your return.
    (To do this, sign in to TurboTax and select the blue Take me to my return button.)
  • Type “sale of home” in the Search box.
  • Select the “Jump to” link in the search results.
  • Follow the screens to enter the info from your 1099-S.

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

Other real estate sales

If your 1099-S wasn’t for the sale of your main home, select the option below for step-by-step instructions:

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies