Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Sale of Inherited Home

GodFather
Level 8

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. 

0 Cheers
1 Solution

Accepted Solutions
dkh
Level 15

Use Schedule D - 1099-B worksheet     for date acquired use INHERITED

View solution in original post

4 Comments 4
IRonMaN
Level 15

Just go directly to schedule D worksheets and ignore the home sale worksheet.  

And then go sit someplace warm so your brain can thaw.


Slava Ukraini!
dkh
Level 15

Use Schedule D - 1099-B worksheet     for date acquired use INHERITED

GodFather
Level 8

Thank you, Iron!

IRonMaN
Level 15

👍


Slava Ukraini!
0 Cheers