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Level 5
December 6, 2019
Solved

Commercial Property Sale - How to Enter in Tax Planner

  • December 6, 2019
  • 6 replies
  • 28 views

I am interested in using the tax planner feature to gauge the implications of a commercial property sale in 2018.

I have the cost, depreciation, and sale price of the building. I also understand it may be necessary to split out land vs. building.

How would I enter this information in the tax planner for 2018?

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Best answer by IRonMaN

You need to calculate the gain manually and enter it into the planner.

6 replies

IRonMaN
IRonMaNAnswer
Level 15
December 6, 2019

You need to calculate the gain manually and enter it into the planner.

Slava Ukraini!
troyAuthor
Level 5
December 6, 2019
Thanks, what about if I were to enter it exactly on the return?