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Deductions & credits
Makes zero sense to me. We did not even know this was gonna be inherited to us until 2016! Only paid taxes on it for 2017 thru 2021. How could WE be responsible for any capital gains on something we did not have in our name until 2016? It's just 12 acres of desert land in southern Arizona! Sold for 6k, net proceeds of 4700.
March 4, 2022
12:33 PM