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Updated almost 2 years ago on . Most recent reply

User Stats

134
Posts
43
Votes
Lisa Misuraca
  • Tucson, Az
43
Votes |
134
Posts

Help my CPA didn’t expense my remodel costs.

Lisa Misuraca
  • Tucson, Az
Posted

At closing I got my check which is my profit and remodeling costs.My accountant refused to deduct these expenses on my Capital Gains form.He included the total cash received at closing.What can I do? So basically he’s having me pay taxes on my own money.HELP!

Most Popular Reply

User Stats

134
Posts
43
Votes
Lisa Misuraca
  • Tucson, Az
43
Votes |
134
Posts
Lisa Misuraca
  • Tucson, Az
Replied

Thanks everyone I feel like I’ve done the right thing.Filed an amendment and sent a payment and now looking for a BETTER ACCOUNTANT! Very disappointed and confused about what happened and very concerned now about what I’ve filed previously.Totally appreciate everyone’s input.

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