turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Difference between column e or g for form 8949

I notice when I sold my second home I had to pay agent commission. It was deducted from escrow. it was about $30k. But I notice turbotax puts it in column G for "Amount of Adjustment" is this the correct place or is column e (cost and other basis). I also installed a radon system which is an improvement and was wondering if this should be in column e or g?

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
RobertB4444
Expert Alumni

Difference between column e or g for form 8949

The 'amount of adjustment' is the change to the amount that you received from the sale.  The basis is what you paid for the property that you sold.  So the agent commission reduced your money because it was part of the sale price that went to the agent and belongs in column G.  The radon system increased the amount that you paid for the property you sold so that goes in column E.

 

@sandrawa 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies