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Form 8824 in ProSeries is showing errors for unlike-kind property
by Intuit• Updated 2 months ago
Form 8824 in ProSeries is showing errors for unlike-kind property
This article will help you solve the Final Review errors:
- Form 8824: Summary Smart Wks, Line U must be entered.
- Form 8824: Non-Like-Kind Line X must be entered.
- Form 8824: Summary Smart Wks, Ln Z must be entered.
If there was no unlike property given up:
- Open the Form 8824.
- Scroll down to the Summary Smart Worksheet.
- On line J remove any entries, including a 0.
If there was unlike property given up:
- Open the Form 8824.
- Scroll down to the Summary Smart Worksheet.
- On line J enter the value of the other property given up.
- Scroll down to the Additional Information Regarding UNLIKE-Kind Property Given Up Smart Worksheet.
- Complete the required entries on lines U-Z.
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