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Level 1
March 22, 2024
Question

Do fee paid for closing cost, attorney , court , realtor tax deductible? this is on an inherited property. where do i report these expenses?

  • March 22, 2024
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1 reply

Just-Lisa-Now-
Intuit Community Champion
March 22, 2024

added to basis as cost of sale

https://www.irs.gov/pub/irs-pdf/p523.pdf  page 19 explains what expenses you can deduct

 

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