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Posted: 11/21/2011 4:40:27 PM EDT
My father died last August. Before he died and after he learned his condition was terminal, he designated me his power of attorney and executor of his estate.

My brother, sister and I split everything evenly after he died but he left his vehicle which I transferred to me before he died so I could sell more easily. I finally sold the truck today and will split the money with my siblings. The buyer got a loan from his bank and the bank made the check payable to me. Do I have to claim this as income for tax issues when I file?
Link Posted: 11/21/2011 5:21:23 PM EDT
Oh, shit, I'm back in Tax class.


(Just a free bump.)
Link Posted: 11/21/2011 6:29:47 PM EDT

Originally Posted By RJGatling:
Oh, shit, I'm back in Tax class.


(Just a free bump.)

Not sure. But as executor you are usually entitled to fees for your work............
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