Page 21 - Keeping Records for Individuals - Handbook
P. 21

Keep track of the basis of property

















                                                                             You need to keep records that show the
                                                                             basis of your property. This includes the
                                                                             original cost or other basis of the
                                                                             property and any improvements you
                                                                             made.

                             A B                                         Basis
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