Do I need to report the sale and purchase of a home, income and expenses from a rental property, and money received from a trust if I plan to take the Std deduction ?
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Do I need to report the sale and purchase of a home, income and expenses from a rental property, and money received from a trust if I plan to take the Std deduction ?
Do any of these above situations require that I itemize my return on a 1040 ?
Do I need to report the sale and purchase of a home, income and expenses from a rental property, and money received from a trust if I plan to take the Std deduction ?
Yes, you need to report all of those regardless if you are using the Standard or Itemized Deductions.
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