AmyC
Expert Alumni

Get your taxes done using TurboTax

Any version of Turbo Tax can do a nonresident VT, calculate the liability and bring it over to your resident state for a credit. When you sell a home, some of the selling expenses are added to the cost basis. See page 16 of IRS Publication 523.

 

cost basis = how much you paid plus capital improvements not already deducted plus selling expenses minus depreciation

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"