AmNat
Returning Member

Business & farm

I don't understand this response because when you click on gain or loss basis link while on that question it specifically tells you to take your original purchase price... and subtract any depreciation that was allowed or allowable (look at your past tax returns for this).

Also, nowhere did it ask me to put the original purchase price. The prior question simply asks you to put The sales price and expense of sale. 

I amjust still teying to get this right based on how the questions are asked on TT.  I get how it's calculated but the way that it's asked here makes me concerned that it will not be appropriately added to the forms.