Question

Sold a second home but don't know where to put the improvements done to the home to add to the cost basis

Forum|Forum|11 months ago
April 7, 2025
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How to declare improvements on the basis cost of the sale of a second home

TurboTax Online

Add the costs of the improvements to the cost of the Total amount paid on entry screen. That field is where the basis is entered. Cost basis is the original purchase cost of an asset (such as stocks, bonds, or property), plus any adjustments that result from transactions, such as improvements, over the period you own the asset.

Where do I enter the sale of a second home?