Capital Gain for Child - can this be correct?

[jasdlm]

Child was the beneficiary of a life estate that was gifted to him prior to the death of the life-estate holder.  (Feedlot I mentioned in another post.)  The lot was sold.  I reported the gain on the child's 1040 and completed form 8615 with Mom's information (does not make much and has 3 children - head of household).  Federal tax due $0.  I think this is correct, but it is not completely passing the smell test.  (Total gain of $14,000 plus $5,500 1245 recap.)

Thanks for your thoughts.  I need verification or a swift kick, but under no circumstances do I need a hug from Rita!

[jklcpa]

It could be correct if the mom's income is low enough that she wouldn't be out of the 10% bracket, that cap gain would be taxed at 0.

[jasdlm]

Woohoo!  Great day in Mudville!  This is a Mom who could really use, and in my opinion deserves, a break!

[jasdlm]

Ooops . . . and Thanks so much, Judy!  I really appreciate it.