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Level 2
June 23, 2020
Question

1031 Exchange and Sch. D

  • June 23, 2020
  • 1 reply
  • 5 views

Completed worksheets and form 8824 for a like kind exchange. Sch. D does not show the Boot and only the fully taxable gain. What am I missing?

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1 reply

Just-Lisa-Now-
Intuit Community Champion
June 23, 2020

Sounds like something didnt get filled in correctly...did you use these instructions?

https://proconnect.intuit.com/community/individual/help/1040-completing-a-like-kind-exchange-of-business-property-1031/00/5827

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪