Hi
My mom is 89 and just entered a nursing home november of 2015.

She owns a condo which i had to put on the market for Medicaid purposes.

Do I need or does she need to file taxes for 2014? I am her power of attorney and have no clue.

thanks much

It depends; tax law allows a taxpayer to exclude up to $250k of gain for single /$500K for married couples filing a joint return realized on the sale of a principal residence. To be eligible, the residence must have been owned and used as the taxpayer's principal residence for a combined period of at least 2 years out of the 5 years prior to the sale .

in general, she does not need to report the sale of her main home on her tax return unless she has a capital gain and does not qualify to exclude all of it; she has a gain and choose not to exclude it, or
She has a loss and received a Form 1099-S.however, When you sells her home for less than the amount she paid for it, she incurs a loss on the transaction. If she used the home as a primary residence, she won't be able to deduct the loss from your taxable income