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January 29, 2025
Question

no gains on sale of real property in italy do i have to put it on schedule D and 8938 form?

  • January 29, 2025
  • 1 reply
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    1 reply

    January 29, 2025

    You should report the sale on Schedule D even if there is no gain.  Since you enter the proceeds and the basis to show no gain there will be less likely an inquiry by the IRS.