GeneInSanDiego
Level 1

One exchange.  Two for four.

I played around already doing two exchanges each one for fwo and have numerous questions.

1) Can I complete the 8824 manually in Lacerte?

2) Can i use the numbers as if client did two separate 1 for 2 exchanges and add them together on the manual 8824?

3) Do I take the depreciable assets created by the Wizard and then reduce them for land and create new deprecation items for the land?  I'd have to take the two assets and as a minimum convert to four.

0 Cheers