Muushka
<font color=red>I usually feel like I just stepped
- Joined
- Aug 16, 1999
- Messages
- 13,845
Sorry, I could not find the info anywhere.
My question is this:
We sold our DVC contract and received a small profit. But when doing the Tax Cut program, it has us enter the proceeds amount on the 1099 form which does not include the closing costs (to the TS store and the other costs totaling a little over $700.)
Exactly where can we subtract these fees from the proceeds? It seems that the only figures we can enter is the price we paid for the contract and what we sold it for.
If this isn't clear, let me know. Thank you for any help!
My question is this:
We sold our DVC contract and received a small profit. But when doing the Tax Cut program, it has us enter the proceeds amount on the 1099 form which does not include the closing costs (to the TS store and the other costs totaling a little over $700.)
Exactly where can we subtract these fees from the proceeds? It seems that the only figures we can enter is the price we paid for the contract and what we sold it for.
If this isn't clear, let me know. Thank you for any help!
