Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
J
jasonprey
April 14, 2020
Question

I sold my house last year, where would i report the home improvements (paint, carpet, windows, major appliances ect...).

  • April 14, 2020
  • 1 reply
  • 0 views
No text available

1 reply

KrisD15
KrisD15
April 14, 2020

Maintenance (like painting) doesn't count, but improvements would be added to the basis, so if you purchased a house for 150,000 and added 25,000 in appliances, roofing, flooring, your new cost basis would be 175,000. The program will ask for your basis after you report the sale/1099-S. 

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification