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johnkfarr
Level 2
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  • I finally figured it out. Unlike what one of the early posters said, the asset portion of the sales screen is house only, not the whole transaction. The asset a...
    johnkfarr
    Updated Mar 24, 2022
  • Ok, I did as you said and it came out like this, obviously wrong. It shows the gain on the transaction as within a few dollars of the entire sale price! Th...
    johnkfarr
    2
    Updated Mar 24, 2022
  • So I did as you said and it came up with some ridiculous amount. The interview is not taking me to anywhere I can enter basis and capital improvement expenses. ...
    johnkfarr
    4
    Updated Mar 24, 2022
  • OK , I'm still lost here. I'm on the page you describe. First line is asset sales price. Is this total of land and house or house only? Second line is asset sal...
    johnkfarr
    6
    Updated Mar 24, 2022
  • Thanks for the reply. I'm still confused, though. I reported this sale on schedule D, not E, as another poster advised. There was no place on the D to report la...
    johnkfarr
    8
    Updated Mar 24, 2022
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