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Level 1
posted May 14, 2021 3:38:38 PM

I inherited a house (with my 2 siblings) from Dad who died in 2019, we sold in 2020. I got a form 1099-S for my 1/3 of the sale, how do I enter this? Not main house.

I never lived in the home, but my Sister did. TT isn't clear how to enter this info.

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1 Replies
Expert Alumni
May 15, 2021 12:39:26 PM

See the following TurboTax article for some instructions to enter the sale of your share of the inherited home.  When doing so, be sure that you only report your share of the sale proceeds and your share of the basis.

 

Where do I enter the sale of a second home, an inherited home, or land on my 2020 taxes?