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Deductions & credits
We have been filling out Form 8829 and down in Part III Line 37 - Home's adjusted basis or FMV, we put in $159,800 and Line 38 - Value of land was $45,000. Line 39 Basis of building = $114,800. We have used those numbers since she started her massage business.
‎September 5, 2024
4:57 AM