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Deductions & credits
Are you receiving payments over two or more tax years (i.e., an actual installment sale)?
How was the property being held (for what use)?
Select personal use property unless you were holding the property for investment or rental use.
Note: Are you certain you have a gain? If you inherited the property, your basis would typically be the fair market value on the date of death.
‎February 15, 2022
10:25 AM