mseniw1
New Member

When selling a home received as a gift, Turbo Tax asks for the FMV and Donor's Cost Basis at the time of the gift. How do I input my cost basis at the time of the sale?

TurboTax computes the Capital Gains using the Donor's Cost Basis.  I have made improvements and need to compute the Capital Gains using my cost basis.  How is this done?