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February 20, 2021
Question

Schedule K1 for estate "sale of house"

  • February 20, 2021
  • 1 reply
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My spouse received a 1099-s for the sale of his deceased fathers house. What line does the the sale of house from 1099s carry to the schedule k-1to show my spouses amount for his portion of the estate sale.  Is is line 5. Other portfolio and nonbusiness income

    1 reply

    Employee
    February 20, 2021

    Are you using TurboTax Business to prepare a 1041 for the estate itself?

     

    Does the 1099-S have your husband's social security number on it? 

    jesnken1Author
    February 20, 2021

    No SSN: Just the estates TIN number