1099S-Net Proceeds/FMV boxes. 6 kids inherited moms house upon her death. Sold for 146K. Each of us receiving 24K. Do I just use the 24K for both Net Proceeds and FMV?

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Yes if the house did not appreciate between the date of her death and the time you sold it. If it did, you would have had a gain.

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Yes if the house did not appreciate between the date of her death and the time you sold it. If it did, you would have had a gain.

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