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Level 4
March 11, 2021
Question

client sold inherited property, used it for personal vacations, sold it for less than inherited value, how is it reported so no loss is shown on return?

  • March 11, 2021
  • 1 reply
  • 9 views

Doesnt want to show a loss, just wants to zero out.

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1 reply

IntuitAustin
Level 10
March 15, 2021
Thank you for your question! Since this is a tax advice question, we’ve moved it to our product discussions board for discussion among your peers.

Cheers!
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