topic I sold my property less than two years of owning it. Can I deduct real estate agent's commission from the penalty tax I have to pay? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-property-less-than-two-years-of-owning-it-can-i-deduct-real-estate-agent-s-commission-from/01/661504#M86609 Thu, 06 Jun 2019 09:36:30 GMT davidsh16 2019-06-06T09:36:30Z I sold my property less than two years of owning it. Can I deduct real estate agent's commission from the penalty tax I have to pay? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-property-less-than-two-years-of-owning-it-can-i-deduct-real-estate-agent-s-commission-from/01/661504#M86609 Thu, 06 Jun 2019 09:36:30 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-sold-my-property-less-than-two-years-of-owning-it-can-i-deduct-real-estate-agent-s-commission-from/01/661504#M86609 davidsh16 2019-06-06T09:36:30Z Yes, the real estate agent's commission does count as an... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-the-real-estate-agent-s-commission-does-count-as-an/01/661507#M86610 <P>Yes, the real estate agent's commission does count as an expense of sale, and does reduce the gain on the sale of your property.</P> Thu, 06 Jun 2019 09:36:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-the-real-estate-agent-s-commission-does-count-as-an/01/661507#M86610 IsabellaG 2019-06-06T09:36:31Z