ERICARAE731
Level 1
02-23-2025
09:01 AM
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I have this situation for a client. The inherited home sat vacant May 2021- 7/2/24. I am using Proseries Basic and cannot seem to find anywhere in the 1099B worksheet to enter 'inherited' beside the date acquired, which of course creates a loss (with carryover). I do not see type of asset to choose 'inherited'. I have a 1099-S. I have the settlement statement for the sale. I feel I am missing something. Any guidance would be greatly appreciated. Thanks!
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