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DOTTIEA Asked February 2022

I need help to report the sale of my property with the IRS. Can you help?

I am a retired widow, age, 75. I sold my home last year. I received a form from the Title company who handled the closing of the sale, stating that I must report the amount I received for my property to the IRS.

DOTTIEA Feb 2022
Thank you

DOTTIEA Feb 2022
Thank you.

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BarbBrooklyn Feb 2022
Go to www.bogleheads.org and you will get good answers.

AlvaDeer Feb 2022
If this is your only home, not a second home, you won't really be likely to pay taxes on all this, but yes, it is reportable to the IRS. I recommend you have your taxes done this year. Best out to you.

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