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where should i file a sale of inherited house

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Level 2

my client sale an inherited house does she needs to pay taxes what form should I use and do I need to file the sale under her name or the tax id from diseases mother? 

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3 Replies 3
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Level 15

 It goes on Sch D/8949.

Look at the Settlement Sheet and see who sold it. If your client did, it goes on her return. If mother's estate did, it goes on the estate 1041 using the estate's EIN.

Also, research basis for inherited property.


ex-AllStar
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Level 2

Thank you for your answer, more questions. so should I file a regular tax form with the mothers name and instead of SS# should I used the EIN?

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Level 2

Got it, I thought my client should not pay for the sale of the house that's why I could not find the way to file it

thank you 

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