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Level 4
December 7, 2019
Solved

What worksheet do I record expenses for a sale of inherited home

  • December 7, 2019
  • 2 replies
  • 14 views

Inherited home from deceased parent.  Many expenses to make home salable. Where can I list these expenses and make sure it shows up on Schedule D at long-term loss (inherited)

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Best answer by Just-Lisa-Now-

Top of Schedule D is a Quick Zoom button to sell inherited property.

2 replies

Just-Lisa-Now-
Intuit Community Champion
December 7, 2019

Top of Schedule D is a Quick Zoom button to sell inherited property.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Intuit Community Champion
December 7, 2019
Can you believe in the 20+ years using this software that I've never paid attention to that. I never saw the inherited portion. I've always entered directly to schedule D. Cool!!
sjrcpa
Level 15
December 7, 2019

Add them to the basis.

The more I know the more I don’t know.
Level 4
December 7, 2019
I added them to the basis, but is there a worksheet or do I just go to Sch. D