chuckjim
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Ok, so looking at our 2014 taxes, it looks like our accountant filed form 1033, an election to defer gain or involuntary conversion with property located within...
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We spent approximately $450000 to build our 5000 sq Ft home in 1999we received $560,000 as a payout from our insurance companywe spent $450,000 to rebuild a 320...
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We spent 450,000 of the $560,000 we received and built a smaller home
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Our home was destroyed by a federally recognized disaster area and I believe in 2014, when our taxes were filed, the gain was deferred but I don’t see where we ...
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Very clear now. Thank you! If audited, how would I defend the cost basis on a home I built 25 years ago that was lost in a fire that contained all my supporting...
Activity Feed for chuckjim
- Posted Re: Calculate cost basis?@ on Deductions & credits. December 24, 2024 2:26 PM
- Posted Re: Calculate cost basis?@ on Deductions & credits. December 24, 2024 1:50 PM
- Posted Re: Calculate cost basis?@ on Deductions & credits. December 24, 2024 1:40 PM
- Posted Re: Calculate cost basis?@ on Deductions & credits. December 24, 2024 12:01 PM
- Posted Re: Calculate cost basis?@ on Deductions & credits. December 24, 2024 9:28 AM
- Posted Re: Calculate cost basis? on Deductions & credits. December 24, 2024 7:10 AM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 7:59 PM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 7:57 PM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 7:09 PM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 3:09 PM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 8:46 AM
- Posted Re: Calculate cost basis? on Deductions & credits. December 22, 2024 8:40 AM
- Posted Calculate cost basis? on Deductions & credits. December 21, 2024 2:57 PM
- Posted Cant get into account on Get your taxes done using TurboTax. June 6, 2019 2:30 AM