RaiseMyHand_01
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Is this also where I would enter a K-1 received from an Estate in tax year 2022 (the Mom) into another Estate in tax year 2022 (the daughter)?The K-1 has AMT fr...
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You are saying for my #2 instance outlined with the 1099-S and where the Estate paying taxes on the gain with the 1041 filing then I can suppress the K-'s in Tu...
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Okay so for #2, CASH that was part of the original Estate at time of death is never reported on Form 1041, right? Thus not taxable to the beneficiaries, (2child...
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Okay, that much I get. Given one of two beneficiary lived in the home until sold (2016-2022) is the gain considered tax exempt if less than$250,000.?
Activity Feed for RaiseMyHand_01
- Posted back tax filing for Deceased on Get your taxes done using TurboTax. May 6, 2023 12:54 PM
- Posted Re: K-1 forms received for an estate. on Business & farm. March 13, 2023 8:45 PM
- Cheered Re: Estate 1041 Sale of Home Questions for Anonymous_. March 9, 2023 5:54 PM
- Posted Re: Estate 1041 Sale of Home Questions on Get your taxes done using TurboTax. March 9, 2023 3:40 PM
- Posted Re: Estate 1041 Sale of Home Questions on Get your taxes done using TurboTax. March 9, 2023 3:27 PM
- Posted Estate 1041 Sale of Home Questions on Get your taxes done using TurboTax. March 9, 2023 2:41 PM
- Cheered Re: Estate Cost Basis of Home Sold for Anonymous_. February 27, 2023 10:15 AM
- Posted Estate Cost Basis of Home Sold on Get your taxes done using TurboTax. February 16, 2023 4:28 PM
- Posted 1041 Estate Other Deductions on Get your taxes done using TurboTax. February 16, 2023 1:21 PM
- Cheered Re: Critical illness for BillM223. February 10, 2023 11:53 AM
- Cheered Re: Are critical insurance benefits taxable? for ShirlynW. February 9, 2023 1:25 PM
- Posted Are critical insurance benefits taxable? on Get your taxes done using TurboTax. February 9, 2023 9:05 AM
- Cheered Re: Estate Sale of Home Lived in by Beneficiary for Anonymous_. February 8, 2023 5:04 PM
- Cheered Re: How do I report the capital gain on an estate sale in Turbo Tax? for RobertB4444. February 8, 2023 5:02 PM
- Cheered Re: Estate had no money to maintain home until sold for MinhT1. February 8, 2023 4:59 PM
- Posted Re: How do I report the capital gain on an estate sale in Turbo Tax? on Get your taxes done using TurboTax. February 8, 2023 2:25 PM
- Posted Estate had no money to maintain home until sold on Get your taxes done using TurboTax. February 8, 2023 2:17 PM
- Posted Estate Sale of Home Lived in by Beneficiary on Get your taxes done using TurboTax. February 8, 2023 2:01 PM
- Posted Re: How do I report the capital gain on an estate sale in Turbo Tax? on Get your taxes done using TurboTax. February 8, 2023 1:44 PM