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June 5, 2019
Solved

How do enter this in? I was gifted a property from my parents when they passed. I do not have a mortgage, no loan I just have the property. They both died in 2018.

  • June 5, 2019
  • 1 reply
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Best answer by Bsch4477

Neither gifts nor inheritance is taxed for the recipient and do not have to be reported. 

1 reply

Bsch4477Answer
Employee
June 5, 2019

Neither gifts nor inheritance is taxed for the recipient and do not have to be reported.