Myself and 3 siblings inherited our parents house, my mother passed and we sold the home and money was split 4 ways, how do I show this on my taxes ?

[Vanessa A]

You will enter this as a sale of investment. You will only enter your 1/4 of the income and cost basis.

You would enter the sale of the house by clicking the following:

1. Federal
2. Income
3. Show More next to Investment Income
4. Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
5. Select Other
6. Continue through and select house for the type of investment
7. Answer how you obtained it
8. You will need to enter the selling price, dates and the cost basis (Determine cost basis for inherited property)  

Note, your navigation sequence may be slightly different.  You can also use the Jump to feature by entering investment sale in the search bar at the top of the screen.