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Get your taxes done using TurboTax
I sold a right of way easement.
So following your instructions and I entered:
Miscellaneous Income Item #1:
"right of way sold - basis adjustment" [amount]
Miscellaneous Income Item #2:
"right of way sold - basis adjustment" [-amount]
Line 8z of the Schedule 1 Additional Income and Adjustments to Income shows "0".
Is that correct?
‎February 13, 2024
2:09 PM