Search results
Learn how to report and defer gain on exchanges of real property for real property of a like kind using Form 8824. Find out the rules, limitations, and exceptions for section 1031 exchanges, qualified opportunity funds, and conflict-of-interest sales.
- 2023 Form 8824
Form 8824. Department of the Treasury Internal Revenue...
- About Form 8824, Like-Kind Exchanges
Information about Form 8824, Like-Kind Exchanges, including...
- 2019 Instructions for Form 8824
8824 as worksheets. Use one worksheet for the part of the...
- 2023 Form 8824
FORM 8824 WORKSHEET. Tax Deferred Exchanges Under IRC § 1031 Worksheet 1. Taxpayer Exchange Property Replacement Property Date Closed. Before preparing Worksheet 1, read the attached Instructions for Preparation Of Form 8824 Worksheets. Then, prepare Worksheet 1 after you have finished the preparation of worksheets 2 and 3.
- 8KB
- 3
Oct 19, 2023 · Both individuals and businesses—corporations, partnerships and sole proprietorships—can carry out like-kind exchanges. However, the property involved must be used for business or investment. Beginning in 2018, like-kind exchanges can only be done with real property such as a rental home.
- (673.2K)
- Intuit Turbotax
Jan 26, 2022. 8997, Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments, attached. See the Form 8997 instructions. Purpose of Form. Use Parts I, II, and III of Form 8824 to report each exchange of business or investment real property for real property of a like kind.
People also ask
What is form 8824?
What is the difference between form 8824 and Part 3?
Does IRS use form 8824 for like-kind exchanges?
What is form 8997 & 8824?