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Get your taxes done using TurboTax
@bayray31 Good afternoon. I am sorry for your loss of your brother. If his taxable income is below the 2022 filing threshold of $12,950 for a single taxpayer under age 65 who is not blind, a return does not have to be filed. If your brother was over age 65 or blind, the filing threshold would be higher. TurboTax has a great article with more information about filing requirements .
As to the house. The purchase price does not come into consideration. The house receives an increased; "stepped-up" basis to the value on the date of death. In most cases; when the house is sold in a short time after death the gain is very small if any at all.
This TurboTax Article about the death of a family member will provide a lot of useful information.
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