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Does anyone know how to report foreigner inheritance on ProSeries.

omnk2000
Level 1

Hello.

I'm trying to report foreigner inheritance ,could not find any worksheet on schedule D or B on proseries, need your help please.

Thanks.

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3 Replies 3
sjrcpa
Level 15

What do you think needs to be reported regarding the inheritance?

Consider Form 3520, too.


ex-AllStar
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omnk2000
Level 1

Thanks.

Sold their family house in Afghanistan that he inherited form his father ,his father lived in that country for all his life.

 

 

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ehill
Level 4

If they sold it pretty much right away it would normally create a loss (because of selling costs).  Report it on the capital gains worksheets.

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