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How do i enter Iowa capital gain exclusion

ken mckenney
Level 1
sale of farmland for Iowa capital gain exclusion.   how do i enter?
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1 Comment 1
pat
Level 5

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.

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