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deinbeck
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Did you make money in another state? section -- my siblings and I sold an inherited home so how do I answer this question? And where to I disclosed the information?

 
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Did you make money in another state? section -- my siblings and I sold an inherited home so how do I answer this question? And where to I disclosed the information?

Yes, you need to report the sale of the home in the other state.

Here is where you enter in TurboTax:

In Income & Expenses, click show more

Scroll to Stocks, Mutual Funds, Bonds, Other and start

Did you get a 1099-B, click no

Chose the type of investment

Click first box, sale of second home

Enter address, net proceeds and sale date

You will need to apportion the proceeds between you and your siblings.

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