Tax question: Selling a house

[Mr. Krab]

Getting ready to sell a house that's in a trust from a deceased relative. The Realtor told me that i should expect a 1099 tax form to pay the taxes on the sale of the house. I have been with people that sold a house from a deceased parent before and they didn't have this special tax. Is it because it's in a trust? Is there anyway to get a special deduction to offset the tax? How much does it normally run?

I thought you could inherit up to 200k without any special inheritance tax.


Any Tax People in da house?