Me + 2 Siblings are selling a home from an estate of my deceased father. We get 3 separate checks of 60,000. Do we file any gain under the Estate or our personal taxes?

[KittyM]

You can report the sale of your inherited house in the investment section of TurboTax. Follow these instructions:

1. Open your return in TurboTax.
2. In the search box in the upper right, search for "sold second home" ) and then click the "Jump to" link in the search results.
3. Answer Yes on the page Did You Sell Any Investments in 2018? 

• If you land on the page Here's the investment sales info we have so far, choose the blue link Add More Sales.
• Answer No to the 1099-B question.
• On the next screen, select Second Home (choose this also for inherited homes) and Continue.
• Follow the on-screen instructions to complete the interview.

TurboTax will ask you all the necessary questions to determine if you have a profit or loss on the sale.

Note: If you received a 1099-S for the sale of the home, make certain the proceeds are recorded for your share only. If not, contact the payer for a corrected form.