Re: SALE OF INHERITED HOME THAT IS NOT A MAIN HOME (FORM IN ;IEU OF FORM 8949).

Graceful17 · ‎03-06-2020

MY CLIENT'S SPOUSE SOLD AN INHERITED REAL ESTATE PROPERTY THAT IS NOT HER MAIN RESIDENCE. DO YOU STILL USE FORM 8949 OR ANOTHER FORM?

George4Tacks · ‎03-06-2020

PATIENCE! Wait for a response to your first question.

https://proconnect.intuit.com/community/proseries-discussions/discussion/sale-of-inherited-real-esta...

Answers are easy. Questions are hard!

dd4vols · ‎03-06-2020

enter on Schedule D... then will flow to the 8949

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Graceful17 · ‎03-08-2020

Basically, what I need is information concerning where, on Schedule D do I enter the inherited real estate transaction. Mostly, I see entries for sale of stock/mutual funds sales, and not for 1099-S information, I need specific line item entry direction. I realize this is a basic inquiry. However, I desire to enter the information correctly.

sjrcpa · ‎03-08-2020

Enter it the same as for a stock transaction. In this case you will choose "not reported on 1099-B"

The more I know, the more I don't know.

SALE OF INHERITED HOME THAT IS NOT A MAIN HOME (FORM IN ;IEU OF FORM 8949).

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