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julee07
New Member

My mom is retired and only receives social security. She sold her home in 2018 and was under the 250,000 mark. Does she need to file taxes for 2018?

 
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My mom is retired and only receives social security. She sold her home in 2018 and was under the 250,000 mark. Does she need to file taxes for 2018?

If she got a 1099S then she should file and show the sale of the home, and no taxes will be due on the sale.

If no 1099S there is no reason to file a return.

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2 Replies

My mom is retired and only receives social security. She sold her home in 2018 and was under the 250,000 mark. Does she need to file taxes for 2018?

If she got a 1099S then she should file and show the sale of the home, and no taxes will be due on the sale.

If no 1099S there is no reason to file a return.

julee07
New Member

My mom is retired and only receives social security. She sold her home in 2018 and was under the 250,000 mark. Does she need to file taxes for 2018?

Thank you so much for replying so quickly!

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