Calculating cost basis on rental property sale JasminCarrie
Rental Property Sale Tax Form. You should report the sale of the business or rental part on form 4797,. Report the sale of your rental property on form 4797.
Calculating cost basis on rental property sale JasminCarrie
With your return open in turbotax, search for rentals. You should report the sale of the business or rental part on form 4797,. Web for more information, refer to publication 523. Web total taxes owed for selling the rental property: $5,934 depreciation recapture tax + $7,350 capital gains tax = $13,284. Report the sale of your rental property on form 4797. Web follow these steps to report the sale of your rental property on your tax return:
Web follow these steps to report the sale of your rental property on your tax return: Web total taxes owed for selling the rental property: Web for more information, refer to publication 523. You should report the sale of the business or rental part on form 4797,. Web follow these steps to report the sale of your rental property on your tax return: Report the sale of your rental property on form 4797. With your return open in turbotax, search for rentals. $5,934 depreciation recapture tax + $7,350 capital gains tax = $13,284.
