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February 28, 2025
Question

Our parents completed a Quit-Claim Deed to us in 2008 with a Life Estate for them. How do we account for that sale after the last parent passes away (1099-S)?

  • February 28, 2025
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    1 reply

    DawnC
    February 28, 2025

    There is not an entry screen specifically for a 1099-S, but you enter the information in the investment sales section.   The link below has instructions - See the Other Real Estate links below Main Home for a second home, inherited home, or land.  

     

    Where do I enter Form 1099-S?

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