Solved: I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

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No, the adjusted cost basis will be the original purchase price increased by any capital improvements that were made to the home. The value on the 2016 closing statement has no effect on your adjusted cost basis.

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Our total adjusted income was $149K, prior to adding a 1099-INT statement valuing $648, we owed $3 in Fed income taxes, once I entered it, we suddenly owed $225 - why?

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I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

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I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

I sold a home last year, which was refinanced in 2016. Do I use the closing statement from 2016 in the Adjusted Cost Basis EasyGuide?

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