Deductible selling expenses - proceeds of share of home sold in bankruptcy

[GodChoseMe]

Original issue for clarity: Solved: What is reported as final income for tax purposes on sale of an inherited home? (intuit.com)

New question:

I received the final financial report regarding the sale of the home and distribution of all funds (sold in 2023). It looks like there are three different numbers I could use to report my share of proceeds (all numbers below divided by 1/5).

Sales price (no expenses taken out): $1.11M

Sales price less administrative fees (includes some tax judgements against two of the other owners, bank fees, HOA owed fees) but does not include selling agent's commission: $1.036M

Actual disbursement to include selling agent's commission being taken out: $970K (divided by 5). 

Which number do I use for the sales proceed number in TurboTax (divided by 5) and do I list the total of administrative fees and seller's commission or just the seller's commission as an expense? 

The home was inherited (2007) and the value was at $518K at the time of inheritance and was sold for $1.110M in Chapter 7 bankruptcy proceedings in June 2023.

[ThomasM125 · Accepted solution]

The sale proceeds would be the gross sale amount, or the amount reported in box 2 of form 1099-S if one was issued. The expenses of sale would be the commission plus the administrative fees.

[GodChoseMe]

Thank you. I appreciate your response.