Brother received 1099-S for sale of deceased brother's home. It is in the Estate of brother's name. Other than the house that sold for $110,000 there were no other assets.
Is any tax return return required? Definitely loss on sale.
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The IRS is going to be looking for a tax return with a 1099S floating around out there.
Would it have to be from the estate?
Not the deceased, nor the brother. 92-xxxxxxx Possibly estate that brother unaware of. Not a pretty story and not a lot of information. Will have to dig further, I guess.
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