adjusted cost basis

[rjtigheii]

We inherited a home and made improvements prior to selling. How do I add the costs of the improvements to adjust the cost basis?

[Mike9241 · Accepted solution]

when you enter its tax basis,  it will be the FMV on the date of death + the cost of subsequent improvements. There's no requirement to split these out, so you can enter as a single number.  Is there something that is preventing you from doing this, is so please advise.