Wife received $80,000 for sale of father's house after his death. We received a 1099-S. How should this be reported to the IRS? Thank you.

I assume that your wife is the executor of his estate.

If so, the sale is reported on the Form 1041 Fiduciary return tha the estate must file. Given the financial times, it is likely that there is NO tax due on the sale, but the return must still be filed.

Contact a local tax professional with experience filing fiduciary returns. He will probably charge a $200 - $300 fee to file the return.