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Half sister giving me half of our childhood home’s sale- how much can I expect to pay in taxes?
Half sister giving me half of our childhood home’s sale- how much can I expect to pay in taxes? Hi everyone, My sister and I sold our childhood home that our father left to us. Because she is the executor, she was paid the full amount but will be transferring me about $75.5k to my account. What can I expect to owe Uncle Sam? Things to consider: I am not our dad’s biological or legally adopted son, but he was my “Dad” since I was 6. Sales...
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