michele
Level 7
03-27-2023
08:35 PM
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Sold home that had been taking office in the home. I have entered these before no problem. Checked to make sure all the boxes were correctly marked and it is calculating a gain. The program is showing the basis as to what her basis in the office was and throwing everything into capital gains. There is no capital gains with the exclusion. She should be paying on the recapture etc.. Anyone else have this problem?
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