Pat286
Level 2
06-02-2020
05:53 PM
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abctax55
Level 15
06-02-2020
06:25 PM
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F 8949, Sch D, maybe F 4797...
The real question is whether the loss is 'deductible'.
NMI
HumanKind... Be Both
IRonMaN
Level 15
06-02-2020
06:35 PM
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Bought a home in January and sold it in May to his son. Sounds like the sale of personal property and isn't deductible.
Slava Ukraini!
Pat286
Level 2
06-02-2020
07:27 PM
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This type of loss is not deductible. I wanted to know where to reflect this correctly on Pro Series.
IRonMaN
Level 15
06-02-2020
07:41 PM
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Schedule D - click the code showing personal loss in the "transaction type" box.
Slava Ukraini!