jpmh
Level 3
12-07-2019
01:42 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client sold a rental that was his former residence.
Using the basis different basis rules for gain/loss put him in the "in between" zone where no loss or gain to claim.
I can't find a way for ProSeries to recognize this situation "naturally" (ie: can't find check boxes or worksheets for this situation)
I tried to override teh Basis on Form 4797 line 21 but teh software won't let me override that cell.
Am I missing something or am I headed to paper filing?
Thanks
Best Answer Click here
Labels