rorocpa
Level 1
05-20-2022
03:17 PM
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Hi. Are the costs paid by purchaser for appliance replacement and hot water repair deductible on 1041?
IRonMaN
Level 15
05-20-2022
08:39 PM
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I’m confused. Why would the seller get to deduct costs paid by the purchaser?
Slava Ukraini!
rorocpa
Level 1
05-21-2022
06:31 AM
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It reduced the estate's (seller's) proceeds. You may have answered my questions.
rorocpa
Level 1
05-22-2022
06:24 PM
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Yes the purchaser received the credit.