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Rapid reply was only a positive comment on your response to my question! A compliment!
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WOOPS - 2 OF 5 YEARS
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CLIENT HAD TRUST ONLY WITH CONDO. SOLD = PROFIT $29,983.00 BUT LIVED THERE SEVERAL YEARS. ( 2O OF LAST 5. SO TRUST TRANSFERS GAIN TO HER 1040.SO ON 1040, IT SH...
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RAPID REPLY - K-1 SHOWS NET SALE PROFIT - HOW DO I SHOW ON 1040?FULL AMOUNT? OR K-1 AMOUNT?
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where do I enter sale of capital gain exclusion because client lived there 2 of 5 years?On 1040 or 1041 form?
