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I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250?
pkittel
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I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250?
Net sale was $215
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TurboTax Premier Online
February 28, 2020
10:28 AM
