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June 3, 2019
Question

Sale of inherited home

  • June 3, 2019
  • 1 reply
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Why am I not filling out a form 8949?

1 reply

Critter
Employee
June 3, 2019

When you enter the sale of the inherited home in the program the result will be reported on the form 8949.  Make sure to mark the box indicating you got a 1099-S form for the sale. 

 

The TurboTax program will cover this partial exclusion in the Sale of Home interview -

·         Click on Federal Taxes

·         Click on Wages and Income

·         Click on I'll choose what I work on

·         Scroll down to Less Common Income

·         On Sale of Home (gain or loss), click on the start or update button