@dlazyh wrote:
What form would I use to fill out the cost of any permanent improvements? I'm not seeing any thing that I can use that will show how to enter expenses I've spent to make capital improvements from the initial purchase until the sale of the house. Thanks
There is a worksheet in publication 523 you can use to document your adjusted basis.
https://www.irs.gov/pub/irs-pdf/p523.pdf
On your actual tax return, you don't report any of your adjustments. You just give the final adjusted basis, and the selling price. If the IRS wants to see the details, they have 3 years to ask, so keep your worksheet and other documents like contractor bills for at least three years. But you don't send them to the IRS with your return.
