I have a follow up question for clarification. When I sold the townhouse of my late mother in October 2019, in the closing documents, I found Substitute Form 1099 S. Proceeds of the sale went into my mothers estate (Estate of XXXXXX). I am the PR of the Estate. Do I still need to file and pay taxes on the proceeds ($325K) even though it was well below the $11,500,000.00 threshold? Any help would be appreciated. Thanks!
