Hello,
I am trying to figure out if I need to submit a return 1041 for estate that I had to open on my moms house.
She passed last year and I'm the sole heir. All assets except the house I was listed as a beneficiary so those all went to me really easily and quickly. Unfortunately the way the will was written I had to go through the courts for the house. I opened a checking account and sold the house in 2024. The money was put there and being the sole person, I could empty the account at any time. The house value at time of death was 225 and I sold it for 225. I did not make any gains or losses. Do I need to file and do I just put 0's for everything?