Yes. Selling expenses generally include all costs listed on your settlement statement as charges paid by the seller except property taxes and mortgage interest (if any). Example of sales expenses: Any sales commissions (for example, a real estate agent's sales commission) Any advertising fees Any legal fees Any mortgage points or other loan charges you paid that would normally have been the buyer's responsibility Any other fees or costs to sell your homePublication 523 (2020), Selling Your Home

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Are settlement charges to seller included in sales expenses?

Forum|Forum|5 years ago
May 10, 2021
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ErnieS0

Yes. Selling expenses generally include all costs listed on your settlement statement as charges paid by the seller except property taxes and mortgage interest (if any). Example of sales expenses:

Any sales commissions (for example, a real estate agent's sales commission)
Any advertising fees
Any legal fees
Any mortgage points or other loan charges you paid that would normally have been the buyer's responsibility
Any other fees or costs to sell your home

Publication 523 (2020), Selling Your Home

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