Home Selling in Richmond>Question Details

Bpweems, Home Seller in Richmond, VA

Is the grantor's tax deductible on 1040 Sch A?

Asked by Bpweems, Richmond, VA Wed Mar 7, 2012

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This is a question to ask your tax pro.
0 votes Thank Flag Link Wed Mar 7, 2012
Hello, Bpweems,

This is definitely a question you should ask your tax accountant, or even the IRS helpline. There will be some deductions, but what is allowed to be deducted on your taxes and what is not is a question that only a tax accountant should answer for you.

Good luck. Feel free to let me know if you have any other questions. Have a great day!

Barbara A. Reagan
Long & Foster Realtors
804-869-1191
BReagan2@gmail.com
0 votes Thank Flag Link Wed Mar 7, 2012
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