topic Are closing costs deductible when selling a home? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-closing-costs-deductible-when-selling-a-home/01/392716#M49602 I sold my home in 2016.. Are the closing costs deductible? Tue, 04 Jun 2019 19:29:47 GMT mikeburke28 2019-06-04T19:29:47Z Are closing costs deductible when selling a home? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-closing-costs-deductible-when-selling-a-home/01/392716#M49602 I sold my home in 2016.. Are the closing costs deductible? Tue, 04 Jun 2019 19:29:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/are-closing-costs-deductible-when-selling-a-home/01/392716#M49602 mikeburke28 2019-06-04T19:29:47Z No, closing costs are not deductible...but they do increa... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-closing-costs-are-not-deductible-but-they-do-increa/01/392725#M49605 <P>No, closing costs are not deductible...but they do increase your basis in the home you sell. <BR /></P> Tue, 04 Jun 2019 19:29:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-closing-costs-are-not-deductible-but-they-do-increa/01/392725#M49605 PeterM 2019-06-04T19:29:48Z