Am I to assume I don’t have to “itemize” for the IRS what I put in the form, just add them up and have the proof in a file for them if they want it? I have (What I paid – then I would add all my selling costs ) which would get me my cost basis? It also listed improvements – not understanding that this would be ok since I depreciated the improvement when it was added. But it looked like I would add the cost of the improvement to the basis.
I wasn’t able to pull up the 544 pub. at the IRS web site.