2783606
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I deduct capital gains when I own the property with someone else?

I was part owner of a house that was sold.  I do I spread the capital gains to the other owner in turbo tax?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

How do I deduct capital gains when I own the property with someone else?

Did you receive a separate tax reporting statement (1099-S) for your share?

 

If not, simply enter your share of the purchase price, improvement costs, sales price, and selling expenses.

View solution in original post

1 Reply

How do I deduct capital gains when I own the property with someone else?

Did you receive a separate tax reporting statement (1099-S) for your share?

 

If not, simply enter your share of the purchase price, improvement costs, sales price, and selling expenses.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question