jsoles24
Level 3
02-08-2020
06:55 PM
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Mom created a property trust for her main home in California and makes Daughter the recipient, who lives in Georgia. Mom dies in Oct 2016, Daughter sells the home in February 2017 and receives a 1099S. The home was not the main home of the Daughter as she lives in Georgia. Do I complete the Sale of Home worksheet or do I record the sell of the inherit home on Schedule D? The Daughter has been audited by the State of California for not reporting the sale of the home. Also, do I file a trust return for the Property trust?
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