Brainstrom
Level 4
05-16-2022
02:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Let me clarify, like i said this one is over my head. 1.In May 2012 my client inherited a home. 2. In Dec 2021 she sold the home and developed a trust, giving half of the proceeds to her brother and her half she set up a trust( A living trust) which i have not seen. 3. She received a 1099-S for her portion of the proceeds in her Social Security number.
I can record the proceeds on a Schedule D, i guess