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Real estate gains tax question

Purchased home in Oregon 2002 for $400K. Primary residence married filing jointly. Sold in 2024 for $1.6M. Gross gain is $1.2m. Minus the $500k deduction (married couple) and $200k capital improvements is a $500k net gain. I moved to FL. On the way out the door Oregon dinged me for $50k gains tax. Question: can I reduce my federal gain basis by claiming the Oregon tax as a closing cost or something else?

submitted by /u/Potential_Present124
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source https://www.reddit.com/r/RealEstate/comments/1hna1bf/real_estate_gains_tax_question/
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