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Get your taxes done using TurboTax
I was unsure as to what was items might be added to an adjusted cost basis as the following webpage indicated some expenses that appeared on my closing statement might be included:
https://support.taxslayer.com/hc/en-us/articles/[phone number removed]-What-is-a-HUD-1-Statement-
(i.e. Appraisal Fee, Lender's Inspection Fee ...)
I was unable to find a definitive list of the typical items on a closing statement and how they related to the TurboTax Adjusted Cost Basis headings.
‎January 4, 2022
12:10 PM