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Deductions & credits
Thank you
1. For 2006 value, would it work if we can get the property tax statements from the local county office? Would that work, property tax statement with the valuation the property tax was based on? Does anyone have any other ideas? Personal files weren't kept going back that far (had thought only needed 10 years, my mistake).
2. For the adjusted cost basis, yes, I found that other question and answer too. Once we confirm the value in 2006, does that get entered in total in the "Adjusted Cost Basis EasyGuide"? Such as:
"Description of Increase = Death of spouse"
"Amount = [2006 value]"
3. For the Tax Topic 701, will there be a place in TurboTax where these questions come up to address? The surviving spouse did indeed live in the house full time for about 11 years before selling in 2018.
(not sure if "comments" also get answered as questions, so have posted this as a new question, apologies if that's not best way to have a 2 part question)
1. For 2006 value, would it work if we can get the property tax statements from the local county office? Would that work, property tax statement with the valuation the property tax was based on? Does anyone have any other ideas? Personal files weren't kept going back that far (had thought only needed 10 years, my mistake).
2. For the adjusted cost basis, yes, I found that other question and answer too. Once we confirm the value in 2006, does that get entered in total in the "Adjusted Cost Basis EasyGuide"? Such as:
"Description of Increase = Death of spouse"
"Amount = [2006 value]"
3. For the Tax Topic 701, will there be a place in TurboTax where these questions come up to address? The surviving spouse did indeed live in the house full time for about 11 years before selling in 2018.
(not sure if "comments" also get answered as questions, so have posted this as a new question, apologies if that's not best way to have a 2 part question)
‎June 1, 2019
2:28 PM