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So I just add the cost of improvements to the Sales Exp figure listed here, $16,932?  Even though TT Home & Business lists Sales expenses as “Sales commissions, Advertising expenses, Legal fees, Loan charges, Broker fees, Transfer taxes, and Option premiums? Do I need to list what the improvement was and if so where? Thank you.   

Yes. When you pay property taxes on your car, you can usually write it off as a registration deduction on your federal taxes, as long as it’s yearly and based on your car’s value.   Just put the personal property tax you paid on your car in the car registration fees section.   To see more detailed information on how to do that, click the link below:  Is Your Car Registration Deductible?  

You will want to enter as an Investment Sales and classify it as a Collectible.  (See Collectibles gain or loss.).   In TurboTax, under FEDERAL TAXES tab,  Wages& Income, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) under Investments and Savings.   Did you have investment income in 2025? YES On the Let's finish pulling in your investment income- click on the Add Investment button On the Let Us Enter Your Bank and Brokerage Tax Documents, click on Skip Import OK, let's start with one investment type- choose Collectible then Continue See Where do I enter investment sales?  

@ergiebear  To enter, edit or delete a 6 digit IP PIN Click on Federal Taxes (Personal using Home and Business) Click on Other Tax Situations Scroll down to Other Return Info On Identity Protection PIN, click the start button

Airline travel is deductible as a charitable contribution if it is for direct, unreimbursed, and strictly for volunteer work, provided the trip involves no significant element of personal pleasure or vacation.    Report unreimbursed expenses (airfare, lodging, meals) in TurboTax under  Federal  Deductions & Credits  Charitable Donations  Donations to Charity,

If you sold your primary personal residence and you lived in and owned the home for at least two years in the five year period on the date of sale, you do not have to report the sale if your gains are less then the exclusion amounts of $250,000 if filing Single or $500,000 if filing Married Filing Jointly (and both lived in the home for two years). Gain or Loss = Sales Price minus Sales Expenses minus Adjusted Basis (Purchase Price plus the cost of improvements prior to the sale) Selling cost can include escrow fees, legal fees, real estate agent commissions, advertising costs, and even home staging fees.   How much is the gain on the sale of the home using the Gain/Loss procedure?