Skip to main content
July 12, 2020
Question

My 3 sibs and I inherited parents house-25% each. Do I list proceeds as total sale price or my share as proceeds?

  • July 12, 2020
  • 1 reply
  • 0 views
It was not rental property. One sister lived in home from death of father until house sold.

1 reply

Critter-3
July 12, 2020

Did you each get a 1099-S showing your portion of the sale ONLY ?   Or did one of you get the form for the entire amount ?   Or did you all get a form for the entire sales price ?