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Just-Lisa-Now-
Intuit Community Champion
December 7, 2019
Solved

Can we use the autowithdawal when they owe over $80K ? or does that require an EFTPS account?

  • December 7, 2019
  • 1 reply
  • 8 views

Sold a rental property for close to $1 million without calling me and doing some rough figures on taxes owed  UGH!

She had done a 1031 exchange and received this property back in 2000 as part of the exchange...low basis, lots of depreciation...shes got the $$ for the taxes though!

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Best answer by sjrcpa

I believe you can unless something changed. I've done them for $100,000.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

I believe you can unless something changed. I've done them for $100,000.

The more I know the more I don’t know.
Just-Lisa-Now-
Intuit Community Champion
December 7, 2019
thank you!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪