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Deductions & credits
No, there's not a worksheet but you can calculate your adjusted cost basis by adding capital improvements made to the home plus any charges listed on the settlement statement added to the cost you paid for the home.
Refer to the TurboTax article Cost Basis: Tracking Your Tax Basis and Where do I enter the sale of a second home, an inherited home, or land on my 2024 taxes? for more information.
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March 24, 2025
5:19 PM