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

[skeramidas]

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)

[Just-Lisa-Now- · Accepted solution]

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

[garman22]

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!!

[Just-Lisa-Now-]

LOL   I use worksheets whenever possible!

[garman22]

Im going to try that on my next inherit. Worksheet is long tho. :smile:

[skeramidas]

Thanks for the help!

[sjrcpa]

Add them to the basis.

[skeramidas]

I added them to the basis, but is there a worksheet or do I just go to Sch. D

[skeramidas]

change short term to long term, is there someplace to indicate it was inherited property

[sjrcpa]

I don't use ProSeries so I don't know.

[garman22]

Just show "inherited" for date acquired and it will auto show LT.

[cajunlady]

DID THEY TAKE OUT THE WORKSHEET FOR INHERITIED PROPERTY?  CANT FIND IT ANYWHERE??

ALSO LOOKS LIKE THEY REMOVED THE WORKSHEET THAT MADE IT EASIER TO ENTER ALL THE STOCKS THAT WERE SOLD????