Kimberly H. asked

💰  Tax

I received a share of my father's investment in a pecan farm 3 years ago and received income from it in 2013 and 2014. The farm was sold last year in 2015, and I received my share. How do I claim this as income or estimate taxes for an extension?

March 18th, 2024

Ian B. answered

The sale of your share in the pecan farm will be taxed as a capital gain. The basis for calculating ...

March 18th, 2024

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