Sale of inherited home

[euzielli]

Why am I not filling out a form 8949?

[Critter]

When you enter the sale of the inherited home in the program the result will be reported on the form 8949.  Make sure to mark the box indicating you got a 1099-S form for the sale. 

The TurboTax program will cover this partial exclusion in the Sale of Home interview -

·         Click on Federal Taxes

·         Click on Wages and Income

·         Click on I'll choose what I work on

·         Scroll down to Less Common Income

·         On Sale of Home (gain or loss), click on the start or update button