FAQ

Search our Database


Search Database


Tax basis

The tax basis of property you buy is usually its cost. The cost is the amount you pay in cash, debt obligations, other property, or services. Your cost also includes amounts you pay for the following items: Sales tax; Freight; Installation and testing; Excise taxes; Legal and accounting fees (when they must be capitalized); Revenue stamps; Recording fees; Real estate taxes (if assumed for the seller).

You may also have to capitalize certain other costs related to buying or producing property.

GO BACK

Free Live Chat & Email Support For Your Online Tax Return

We want to ensure that your tax refunds are done quickly and accurately. Log in to our tax refund application, and you'll see how easy it is to do taxes online with our system. We're ready to helping you get your federal refund or state tax refund. If you have any questions or concerns regarding your income tax refund, please e-mail us.

We're committed to helping people file taxes online, free from the usual hassle. Our dedication to helping get the highest federal tax refund has made us a recognized leader in tax refunds. We have many layers of support to make your tax refund experience easy.

  • You may also contact our LIVE HELP TEAM.
  • You must log in during our BUSINESS HOURS to take advantage of this:
  • Business Hours are between 10 AM and 5 PM EST M-F Excluding Holidays.