TaxGuyBill
Level 15
08-17-2024
05:44 PM
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Yes, although in many cases it won't make a difference.
https://www.irs.gov/instructions/i4797#en_US_2022_publink13087td0e531
An official appraisal is best. But if that is not available using the PERCENTAGES from the county assessments is fairly common.