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March 2, 2023
Question

How do I itemize home improvement costs to deduct from captial gains from sale of second home?

  • March 2, 2023
  • 1 reply
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1 reply

March 2, 2023

You do not itemize these on your tax return- you add the total to calculate the adjusted basis.  Keep the itemized risk with your tax records in case you get audited.