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I need to report the sale of 3 lots that were inherited in 2012 and sold in 2022. Is this sale reported on disposition worksheet with A as property type?

SKC2021
Level 3
Are there additional forms to complete for the sale?
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3 Comments 3
Norman2001
Level 7

I would use the 1099B worksheet. Check the "Transactions were not reported to IRS" box (if True). Then enter the relative information. It should be a code F.

Just-Lisa-Now-
Level 15
Level 15

Yep, 1099B worksheet, use Inherited as the Acquired Date and it will automatically make it Long Term


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
SKC2021
Level 3

Thank you!! 

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