Love2Cruise
Level 4

Well yes, that worked too. 

I entered the sales proceeds as $100K; basis as $46,522; adjustment to basis $326; selling expenses as $37,949 (gift of equity and closing costs) and voila! Still the same gain of $15,203. No need for additional statements and everything is reported. 

@BobKamman @TaxGuyBill @Norman2001  You guys ROCK!!!!! #teamProSeriescommunity!!!

As head numbing as this can be at times, each year I gain more knowledge. And you all are a intricate part of it! 

Thank you soooo much for guiding me through this!!!

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