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Here's a new one for me, Section 1033

Jim-from-Ohio
Level 11

I know a like kind exchange under Section 1031 gets reported on Form 8824.  Is there a form in ProSeries Professional that reports a Section 1033 exchange, an involuntary conversion (governmnet took the land to build something for the public)

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Terry53029
Level 14
Level 14

Just type 1033 in the green ? mark on top menu when in clients return, and fill out the worksheet that pops up

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judys3
Level 5
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Jim-from-Ohio
Level 11

saw that.. seems lacerte has it.. I will keep looking to see if PS has it.

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Jim-from-Ohio
Level 11
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Terry53029
Level 14
Level 14

Just type 1033 in the green ? mark on top menu when in clients return, and fill out the worksheet that pops up

Jim-from-Ohio
Level 11

thanks!  i forgot about the where do i enter button. so used to calling up the exact forms