You'll need to sign in or create an account to connect with an expert.
The realtor commission is not deducted; it is added to the property's cost basis when calculating the capital gain, thus reducing the taxable capital gain.
The realtor commission is not deducted; it is added to the property's cost basis when calculating the capital gain, thus reducing the taxable capital gain.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Wish2
New Member
SKSJEDI
Level 1
AndyTTT
Returning Member
ighavidel
Returning Member
Qtax09
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.