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Selling my deceased mom home and land
My mom died in 2022 and we sold her home and land and 2024 and received a 1099S. The two properties together is less than 250,000 .. What is my tax obligation in closing out her estate? I received half of the proceeds from the sale of the properties. Am I responsible for reporting it in my personal tax return?
‎February 17, 2025
4:59 PM