Since you are the spouse and you lived in the house before you sold it you report the sale of the house
- Federal
- Wages & Income
- Less Common Income
- Sale of Home
If your house was jointly owned you receive a step up in basis for 50% of the house to the date of death of your spouse. Currently if you sold the house at a gain and owned it for 5 years and lived there for at least 2 of those 5 years, $250,000 of gain on the house is not taxable, since you are filing as Single.
If you sold the house at a loss, the loss is not deductible on a personal residence.
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