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Retirement tax questions
thank you for your response.
follow up Question: It's my understanding, if inherited house is not for personal use, it can be considered for a capital loss of closing fees acquired. However, if I or my siblings resided in the home, it would be considered personal use and not a capital loss ?
Also, the steps you showed are familiar in the Deluxe software version, however, I'm not certain if all are. Should I be using the premium version - and would all of these steps be available in the premium version?
thank you
March 6, 2024
9:30 AM