That depends on what the bank statement shows. In tax situations where a taxpayer is required to substantiate a deduction, expense, or as in your situation, the adjusted basis of a home, the specificity of a document is what matters most. If a document, such as a bank statement, shows $1,500 was withdrawn and nothing else, it might fail to substantiate the adjusted cost basis because the bank statement does not show to what the $1,500 relates. However, and to follow-up on the comments from @AnnetteB6, go ahead and include the expense in the cost basis of your home. If the home sale should face additional scrutiny, you might have to make adjustments to the cost basis.
@tuanngnttax
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