Hi, I purchased a house in 2017. I sold it in 2019. I am trying to fill out the below "Adjusted Cost Basis EasyGuide". Not sure what goes where though. I have also attached a photo of my Closing Disclosure.
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Unfortunately, we cannot make calculations for you in this public forum. However, there are many sales expenses that you can use to mitigate potential tax on the gain on the sale of your primary home. Here is what to look for:
Advertising expenses
Appraisal fees
Attorney fees
Closing fees
Document preparation fees
Escrow fees
Mortgage satisfaction fees
Notary fees
Points paid by seller to obtain financing for buyer
Real estate broker's commission
Recording fees (if paid by the seller)
Settlement fees
Title search fees, and
Transfer or stamp taxes charged by city, county, or state governments.
The related fees from your closing disclosure will go in the Easyguide fields.
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