Thank you for your answer back in June. I am researching this question due to being confused, again. Would you believe that I forgot that I posted that question? I put down the purchase price of our home, because I did not think about the appraisal. I put the appraisal price down in 2019. However, now for 2020... I submitted with the purchase price of our home because I could not remember what figure I entered in 2019. Already submitted the 2020 return. Two different figures entered each year. Is this a red flag?
Why is turbo tax asking this question? It seems unnecessary. Would people be receiving more money if their appraisal was higher versus their purchase price? If so, I will amend.
