KrisD15
Expert Alumni

Deductions & credits

70. 

The 20 of Seller Credits are subtracted from the sales proceeds. 

The 10 of closing costs has the same effect. 

 

Be sure you are not counting your share of taxes as credits (for example when you sell property in March in a state that taxes the following year, you will pay your share (3 months) of Property tax at closing) 

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