Lalemley
New Member

Retirement tax questions

This was very helpful.  I have a different question pertaining to a few of the questions.  On the 'cost or other basis' entry, what is entered there?  If  I enter the 'purchase'  price of the second home, then enter closing costs, etc into the 'fees not already deducted  from the reported sales price' I get a different result (less capital gain).  When I enter the purchase price + closing costs into the 'cost of other basis' field, I have a higher capital gain.  Which way is correct??