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.

joepro
New Member

The TT panel for “Sale of Business Property” asks for the “Total Sales Price” but doesn't permit the deduction of the costs of selling the property,

 
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 Reply
Leonard
Intuit Alumni

The TT panel for “Sale of Business Property” asks for the “Total Sales Price” but doesn't permit the deduction of the costs of selling the property,

When you are on the TurboTax page Sales of Business Property.... you add the cost of the sale on the line Cost of property(or Tax Basis) Plus Expenses of Sale.   A screenshot of this page is attached for reference.

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