christenbrown26
Level 1
03-22-2024
03:36 AM
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I'm getting an error that the CA Form 3840 Like-kind exchanges is not done correctly. This error looks like an error in itself. All information is correctly filled in. How do I resolve this?
George4Tacks
Level 15
03-24-2024
09:54 PM
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?? Is this the 1st year of sale ??
- Select the asset located in CA being exchanged
- Scroll down to the Like Kind Exchanges (8824) section
- Utilize either the Like Kind Exchange Wizard or the input in the section to enter the information
- Scroll to the California Like Kind Exchanges (3840) section
- Check the box labeled Exchanged like-kind property located in California for property located outside California (MANDATORY)
- Input any additional information related to the CA exchange"
Answers are easy. Questions are hard!
