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January 21, 2025
Question

Adjusted cost basis for the sale of a second home

  • January 21, 2025
  • 1 reply
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Where do I enter adjustments to the cost basis for the sale of a second home.  The structure had remodeling done ,and other improvements, but I don't see where the improvements and costs can be added to adjust the cost basis.

    1 reply

    January 21, 2025

    Once you have entered the sales price for the house and the cost basis you'll click continue.  The next screen will offer you the option to include sales expenses that aren't included in the proceeds on the previous screen.

     

    @lauriezike 

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