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Level 2
posted Oct 11, 2024 4:30:01 AM

For personal home sales, Turbotax does not seem to include the home selling expenses in the cost base. Am I right?

Also, after entering on the home sales worksheet, Turbotax shows that I have loss on home sales, no deduction, but state tax shows I owe tax for home sales I gained.  In what case could this happen?

0 1 19938
1 Replies
Level 15
Oct 11, 2024 6:36:18 AM