ken mckenney
Level 1
02-21-2023
08:24 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
sale of farmland for Iowa capital gain exclusion. how do i enter?
Labels
1 Comment 1
pat
Level 5
02-21-2023
10:34 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Not sure about Iowa but for Colorado there is a Qualified Asset box at the bottom of the Dispositions screen in Lacerte for the cap gain subtraction. Watch your state forms, sometimes I have to adjust my entries for correct reporting on the CO forms.