November 2008 Mother passed away
House was in trust
Brother and I sold house May 2010
I have no idea what to do on my taxes this year... H E L P please
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November 2008 Mother passed away
House was in trust
Brother and I sold house May 2010
I have no idea what to do on my taxes this year... H E L P please
Redundant question; already answered.
The cost basis of the house is fair market value at the date of death of your mother. So you have a long term capital gain or loss.
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