3035677
You'll need to sign in or create an account to connect with an expert.
Follow the money. You deduct the share of the real estate tax that you actually paid. You may count the share your husband paid.
If your mother received all the proceeds of the house sale, she is the only one who needs to report it since you didn't get a 1099-S.
If this was her primary residence, and she lived in it 2 out of the last 5 years she does not need to report a gain of less than $250K.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
eric6688
Level 2
LORIT2015
New Member
MissMLB
Level 2
Alex012
Level 1
ghoster
New Member