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Do I need to claim cemetery plots that I sold back to the cemetery for less then I paid for them?
we paid $650.00 for the plots, but the would only give us $600.00 for them.
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posted
June 6, 2019
11:05 AM
last updated
June 06, 2019
11:05 AM
1 Reply
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Do I need to claim cemetery plots that I sold back to the cemetery for less then I paid for them?
No. It's because you had a loss on the sale that you don't need to claim the sale of the cemetery plots. There is no place this needs to be entered on your return.
If you have additional questions or details regarding this, please feel free to post in the comments for further clarification.
June 6, 2019
11:05 AM
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