topic If a person did not have an income for 2018, but sold a property they inherited, do they need to do taxes? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-a-person-did-not-have-an-income-for-2018-but-sold-a-property-they-inherited-do-they-need-to-do/01/174229#M23326 Sat, 01 Jun 2019 15:29:38 GMT melsoko69 2019-06-01T15:29:38Z If a person did not have an income for 2018, but sold a property they inherited, do they need to do taxes? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-a-person-did-not-have-an-income-for-2018-but-sold-a-property-they-inherited-do-they-need-to-do/01/174229#M23326 Sat, 01 Jun 2019 15:29:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-a-person-did-not-have-an-income-for-2018-but-sold-a-property-they-inherited-do-they-need-to-do/01/174229#M23326 melsoko69 2019-06-01T15:29:38Z Unfortunately, yes the person would have to report the sa... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/unfortunately-yes-the-person-would-have-to-report-the-sa/01/174230#M23327 <P>Unfortunately, yes the person would have to report the sale of the inherited property.&nbsp; The sale could produce a capital gain depending on the amount of proceeds received from the sale and the person's adjusted basis in the property.&nbsp;&nbsp;</P> Sat, 01 Jun 2019 15:29:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/unfortunately-yes-the-person-would-have-to-report-the-sa/01/174230#M23327 AlanT 2019-06-01T15:29:39Z