GodFather
Level 8
04-15-2023
11:12 AM
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I'm having brain freeze here and being somewhat new to ProSeries, I'm not quite sure where to enter this. I have a client who inherited a home from their deceased Mom. The home was never rented and was sold after one year. I believe this should be reported on form 8949 and Schedule D but I'm ending up on the Home Sale Worksheet. "Use this worksheet to calculate gain or loss on the sale of a main home". Am I correct in saying this is not their MAIN home. Can someone provide guidance on HOW to enter this sale? Thank you.
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dkh
Level 15
04-15-2023
11:20 AM
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Use Schedule D - 1099-B worksheet for date acquired use INHERITED
IRonMaN
Level 15
04-15-2023
11:26 AM
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Slava Ukraini!