It didn't but when I clicked on "learn more" next to proceeds, it mentions to enter that in under sales expense which it then asks on the next page. I missed th...
One other question.When entering into Turbo Tax (given it's a second home, its under Investment income) it only asked proceeds from the sale, which I assume was...
Thanks for the interpretation. Writing, "JUST BEFORE" is super misleading. They could have simply said you take the donors adjusted basis...PERIOD. Regardless, ...
Thanks. But also, to verify, from the IRS's website, below is the part I also have a question about. Given the gift will definitely be greater, MY adjusted cost...