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Credits and deductions
Hi there,
Thank you for the reply - but it still did not answer my question about what to put where.
There is no combination of numbers that I can enter, which will correctly display the actual proceeds I received for my home sale. For example, if I bought for $311,000.00 and sold it for $288,500.00, but after the outstanding mortgage repayment, realtor fees, lawyer fees, and the amount my ex-husband got, If I only actually received $30,000.00.... there is no way to input that into the software how it's set up.
If I put the amount we sold the house for in the "proceeds of disposition" box, it simply splits it 50/50 and assigns me a $144,250.00 proceed amount. I did not get that much for my house.
March 11, 2024
11:20 AM