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New Member
posted Aug 22, 2025 9:33:27 AM

inherited some land in 1978 now want to sell it how do i put it on my income tax

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1 Replies
Moderator
Aug 22, 2025 9:57:56 AM

You don't need to report the land until you actually sell it. Then you can enter it in the capital gains/losses (Schedule 3) section of your return.