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    section 1250 gain

    smroney
    Level 1

    How do I report the capital gain portion of the section 1250 gain along with the unrecaptured depreciation.

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    3 Comments 3
    George4Tacks
    Level 15

    Best to do the sale through the depreciation screen(s)

    https://proconnect.intuit.com/community/form-8949/help/entering-a-bulk-sale-of-assets-in-lacerte/00/...

     


    Answers are easy. Questions are hard!
    qbteachmt
    Level 15

    Is this the same issue as your original topic here:

    https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/section-1250-gain-on-fo...

    No need to ask the same thing more than once, and you are already getting answers there.

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    George4Tacks
    Level 15

    It can't be the same question. It is now a different program that is being queried.

    There was some mention of Schedule K. Maybe @smroney could form a full and complete question including the software and the type of return they are working on.

     


    Answers are easy. Questions are hard!
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