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Level 3
posted Mar 6, 2024 8:58:57 PM

Adjusted cost basis permanent improvement proof

I sold my house in 2023 and totaled up the permanent improvements made over a 40 year period. What does the IRS require as proof? I have invoices and estimates but am missing canceled checks and credit card statements. Many of the companies are out of business.

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1 Replies
Level 15
Mar 6, 2024 9:21:14 PM

All you can do is offer any documentation you have