Hi!My parent is my dependant (US resident). She moved from Peru on 2023 and sold here house (primary residence). Is sale taxable if the money was brought to US?

roxana_e · ‎January 11, 2024

xmasbaby0 · ‎January 11, 2024

Someone else can share thoughts on the taxability of your mother's home. But if she had over $4700 of income (including the proceeds of the sale of that home) then you cannot claim her as a dependent.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

TomD8 · ‎January 11, 2024

Is your mother a U.S. resident alien? If so, she is subject to the same tax laws as a U.S. citizen, which would mean that she must report her worldwide income from all sources, that is, income from both within and outside the United States.

https://www.irs.gov/taxtopics/tc851

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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Hi!My parent is my dependant (US resident). She moved from Peru on 2023 and sold here house (primary residence). Is sale taxable if the money was brought to US?