Hello! I am a CPA here to assist you with your tax questions. My goal is to provide you with excellent service today.
How are you today?
Since you are just the power of attorney, the capital gain will not be attributed to you. Your mother is still the one selling the house, and as such any gain would be attributable to her, not you. She can exclude up to $250,000 of gains on the sale of her primary residence. So, chances are she owes no tax on this transaction.
Also, as this is unearned income, the sale of the house should not impact her LA State retirement
However, you just need to make sure that your mother is listed as the seller of the house, and that you are just signing as power of attorney. Then, you have nothing to worry about in terms of being on the hook for any capital gains tax.
Do you have any further questions about this matter?
If not, please rate as "excellent" so that I may receive credit for assisting you today