EFTA01220514.pdf

G Keep for your records Name as Shown on Return Social Security Number Enter the purchase price of the home sold Postponed gain on sale of previous home, from Form 2119 for the year in which you sold your previous home Adjusted purchase price (from previous Form 2119, if applicable) Settlement fees or closing costs. include amounts previously deducted as moving expenses. Abstract and recording fees Legal fees (including title search/preparing documents) Surveys Title insurance Transfer or stamp taxes Amounts the seller owed that you agreed to pay, such as back taxes or interest, recording or mortgage fees. and sales commissions Other fees Repairs to property damaged by casualty or theft Insurance reimbursement for casualty or theft losses Deductible casualty losses not covered by insurance Net increase or decrease to basis due to casualties or thefts (subtract lines 3b and 3c from line 3a) Cost of capital improvements Additions. including costs of materials and labor Special tax assessments paid for local improvements Other increases to basis Total increases to basis (lines 2a through 2g and 3d through 7) Seller-paid points (for old home bought after 1990). See help Depreciation allowed or allowable on prior returns Payments received for easement or right-of-way granted Residential energy credits claimed Energy conservation subsidy excluded from income Home mortgage debt forgiven on or after 1/1/2007 and excluded from income . . First-Time Homebuyer Credit claimed and not repaid (see Help) Other decreases to basis Total decreases to basis (add lines 9 through 15) . Subtract line 16 from the sum of lines lc and 8. Enter the result here. and on the Home Sale Worksheet, line 4 Alternative Minimum Tax Depreciation allowed or allowable on prior returns EFTA01220514