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76jmann
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Is profit from property sold in probate taxable income?

My aunt passed in September 2024. Her house and car are paid for and will be sold in probate with profits split between heirs.  Is the payment to each heir taxable?  Will there be capital gains tax?  We are in Montana.

posted
‎October 30, 2024 9:36 AM
last updated ‎October 30, 2024 9:36 AM
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tagteam
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Is profit from property sold in probate taxable income?

 
‎October 30, 2024 9:42 AM
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tagteam
Level 15
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Is profit from property sold in probate taxable income?

 
‎October 30, 2024 9:45 AM
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