Form 8949 data

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • RWG1950
    Senior Member
    • Nov 2017
    • 462
    #1

    Form 8949 data

    Seller sold a house that had been held for investment. (L.T.C.G.) No personal or rental use was involved.
    They received a substitute form 1099-S.
    Not sure where to enter amounts for capital improvements made, acquisition & sales costs on columns E, F & G of form 8949.
    I already know the bottom line - just a little confused as to how these are arranged on the form.
    Thanks for comments
    Tags: None
    • Lion
      Senior Member
      • Jun 2005
      • 4699
      #2
      Include in adjusted cost basis.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...