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tennistats
New Member

I sold a house with joint ownership. When I enter information in TurboTax I enter the normal stuff, but there is not a place that asks my % ownership? Where is this?

 
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AlanT222
Expert Alumni

I sold a house with joint ownership. When I enter information in TurboTax I enter the normal stuff, but there is not a place that asks my % ownership? Where is this?

There will not be a question regarding percentage of ownership.  You will have to calculate your percentage of the gross receipts and basis on your own.  

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AlanT222
Expert Alumni

I sold a house with joint ownership. When I enter information in TurboTax I enter the normal stuff, but there is not a place that asks my % ownership? Where is this?

There will not be a question regarding percentage of ownership.  You will have to calculate your percentage of the gross receipts and basis on your own.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

tennistats
New Member

I sold a house with joint ownership. When I enter information in TurboTax I enter the normal stuff, but there is not a place that asks my % ownership? Where is this?

Thanks. I figured there would be because there is a somewhat similar situation with interest. On interest it asks if the amount you are entering differs from the interest statement and if so why. That is why I was somewhat baffled. Cheers.

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