• Community
  • :
  • Discussions
  • :
  • Taxes
  • :
  • Deductions & credits
  • :
  • Re: 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
pkittel
Level 1
  • Mark as New
  • Bookmark
  • Subscribe
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

Deductions & credits

Thank you.  The auction house also said I should use the 250.  

‎February 28, 2020 12:05 PM
0
977 Views
Reply
Bookmark Icon
Powered by Khoros