My tenant in common & I sold our house, but my Turbo Tax doesn't acknowledge TICs. Should I input half of the capital gains?
Yes. That is the only way you can do it. If you received a 1099-S for the sale with the entire amount listed as sales price, you will need to adjust the basis to compensate. For more details in this situation, see below. https://ttlc.intuit.com/replies/5667421
My tenant in common & I sold our house, but my Turbo Tax doesn't acknowledge TICs. Should I input half of the capital gains?
Yes. That is the only way you can do it. If you received a 1099-S for the sale with the entire amount listed as sales price, you will need to adjust the basis to compensate. For more details in this situation, see below. https://ttlc.intuit.com/replies/5667421
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