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Level 3
March 17, 2023
Question

Proseries individual

  • March 17, 2023
  • 2 replies
  • 26 views

2021 converted rental into residence

2022 lived in it until May then transferred residence into Trust to sell it

How is it reported on the 1040? as a sale but was sold in Trust

This topic has been closed for replies.

2 replies

Just-Lisa-Now-
Intuit Community Champion
March 17, 2023

what kind of trust?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
patriziaAuthor
Level 3
March 17, 2023

Family  Trust

 

sjrcpa
Level 15
March 17, 2023

Grantor Trust?

Irrevocable Trust that is not treated as a Grantor Trust for income tax purposes?

The more I know the more I don’t know.
IRonMaN
Level 15
March 17, 2023

Is anybody here related to Hope?  

Slava Ukraini!