kbcobb
New Member

Sale of Home

My husband died Jan 6 2023. I filed 2022 taxes that April jointly. I filed 2023 taxes Single or either Qualified Spouse. This year TT suggests filing Single. In May 2024, I sold our home. I was Single/WIdowed then but house was owned jointly. I did not get a 1099-S. When reviewing info on capital gains exclusion, would I qualify for the $250,000 or $500,000 exclusion or eligible for either? Purchased home in June 2002 for $204,000. Primary residence until it sold in May 2024 for $526,000. Mortgage pay-off to Truist was approx $186,000. I'm very confused!! If I didn't get a 1099-S does that mean I don't worry about reporting the sale?