Half of property inherited when father died; another sixth when brother died and another third when second brother died. 1099 S show one sale amount. Do I report as three seperate transactions and split 1099 proceeds accordingly or do I show as one tra
Half of property inherited when father died; another sixth when brother died and another third when second brother died. 1099 S show one sale amount. Do I report as three seperate transactions and split 1099 proceeds accordingly or do I show as one tra
You only want to enter the transaction once. The complication will be figuring out the cost basis for the property, when you inherited different percentages at different times.
Half of property inherited when father died; another sixth when brother died and another third when second brother died. 1099 S show one sale amount. Do I report as three seperate transactions and split 1099 proceeds accordingly or do I show as one tra
You only want to enter the transaction once. The complication will be figuring out the cost basis for the property, when you inherited different percentages at different times.
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