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I need to find some information on inheritance and tax responsibilities. I have a friend who will be selling some land later this year (in April) with her siblings. The land is an inheritance from their father. She figures her proceeds from the sale will be approximately $200,000. Her only income currently is social security and she would like to reduce or eliminate the tax liability from this sale. She does live in her own house, I am not sure if this is relevant, but she may wish to sell her home at a later date and move into a smaller house. Does anyone have a good reference or know the correct Tax Pamphlets to order.

Thanks for your help

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