3566556
You'll need to sign in or create an account to connect with an expert.
Not taxable, but it does reduce the tax basis of the home.
Thank you. Do I still need to put any entry declaring it and then claiming credit in TurboTax desktop software or submit any form?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
dmitris70
New Member
VITO_R
Level 1
twde191226
New Member
MarkMConverse
Returning Member
Itty211
New Member