Estate sale

[ChiHoang]

My client is a trustee of a trust which owns a house..  A trust was established by her aunt who passed away in June 2020.  The house appraised for $175000 and sold for $175,000 in Nov. 2020 with sale expense of $4,384.16.  How do I report the sale ? and what form ? Thanks

[Just-Lisa-Now-]

Schedule D

[Terry53029]

Did you receive a 1099S, and if so, in who's name and SS or EIN was it issued to

[ChiHoang]

Yes, she did receive a 1099-S under her name with her social security # as a a transferor.

[ChiHoang]

Which worksheet should I use to report the sale ? In ProSeries Basic, I see 1098-B worksheet (for stock bond sale), nonbusiness bad debt explanation statement, and home sale worksheet ( for primary residence). I don't think I can use any of those worksheets to report the sale. Please advise. Thanks

[Terry53029]

Like Lisa said schedule D

[ChiHoang]

I know schedule D, but where (which worksheet) do I input the proceed and cost ? Thanks  

[ChiHoang]

Can anyone help me how to input estate sale of home on schedule D ? Thanks