juliermerrillcp
Level 2
10-05-2022
01:54 PM
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I have a new client that has bounced around between tax preparers. In 2019, he did a Like Kind Exchange and deferred a loss on the exchange. In 2020, there is no mention of the deferred loss. I'm now looking at 2021 and wondering where I would input this. Any tips?
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sjrcpa
Level 15
10-05-2022
02:04 PM
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I would only expect to see it on the 8824 for the year of the exchange - 2019.
The more I know the more I don’t know.
