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victory_tea2085

extended capitol gain

victory_tea2085
16 years ago

For 10 years I recieved a small check (a little over 100 dollars a month) as my share of the sale of my Dad's house, after he died. Never paying taxes on this money, last year we closed on the house. Now I am facing putting the total ,11,000 dollars, on this years taxes. Since the 11,000 was spread over 10 years, is there any way I can claim- say half of it this year and half next year?

Paul

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