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    1099-s sale of life estate property

    Colmatt
    Level 7

    Life estate home was sold after death of parent.  Proceeds split between three on separate 1099-s.  Using the stepped up basis as of DOD, there will actually be loss on the sale. Where do I enter on Pro-series? On worksheet and just check no 1099-B and enter rest and have it flow to 8949?  It doesn't mention 1099-S anywhere.

    Thank you and I hope everyone is well.

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    IRonMaN
    Level 15

    Schedule D


    Slava Ukraini!

    View solution in original post

    2 Comments 2
    IRonMaN
    Level 15

    Schedule D


    Slava Ukraini!
    Colmatt
    Level 7

    Very funny and thanks