My first question would be to ask what you entered as the cost basis for your sale. Depending on how long after death the mutual funds were sold, the cost basis could be very close to the proceeds. In other words if the sale was close in time to the date of death, there should be little to no taxable gain because the proceeds could be equal to the cost basis.
Check your state returns to see if the sale is reported the same as the federal. And if you would like an offline review you can click here.
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