Hi!
My mother passed away on Oct,01 2001.In her trust she wanted we (her 4 kids) to have equal shares of her property plus she gave one year for my youngest sister to stay on this property and she stayed. The property was sold in November,2005 by executris and I got $98 000 as my share. How much I owe in taxes to IRS on these money? Oregon state
My mother passed away on Oct,01 2001.In her trust she wanted we (her 4 kids) to have equal shares of her property plus she gave one year for my youngest sister to stay on this property and she stayed. The property was sold in November,2005 by executris and I got $98 000 as my share. How much I owe in taxes to IRS on these money? Oregon state