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Capital Gains On Inheritance?
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ginacarlisle
03:29 AM 01-19-2018
My father inlaw passed away and the 3 kids sold the house and received 15,000 after all loans and debts were payed off. How do we claim this? We did get a 1099S. Do we need to pay capital gains on the whole 15,000? Thank you for your time.
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