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   What is form 8824?

   • Information about Form 8824, Like-Kind Exchanges, including recent updates, related forms, and instructions on how to file. Use Parts I, II, and III of Form 8824 to report each exchange of business or investment property for property of a like kind.

   About Form 8824, Like-Kind Exchanges | Internal Revenue Service

   www.irs.gov/forms-pubs/about-form-8824

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   Does IRS use form 8824 for like-kind exchanges?

   • The Internal Revenue Service (IRS) uses Form 8824 for like-kind exchanges. What happens in an exchange? What happens in an exchange? A like-kind exchange doesn't eliminate taxes; it just pushes them into the future.

   What is IRS Form 8824: Like-Kind Exchange - TurboTax

   turbotax.intuit.com/tax-tips/investments-and-taxes/what-is-irs-form-8824-like-kind-exchange/L6UsQp15n

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   What is the difference between form 8824 and Part 3?

   • Form 8824 figures the amount of gain deferred as a result of a like-kind exchange. Part III computes the amount of gain required to be reported on the tax return in the current year if cash or property that isn't of a like kind is involved in the exchange. Also, the basis of the like-kind property received is figured on Form 8824.

   2021 Instructions for Form 8824 - Internal Revenue Service

   www.irs.gov/pub/irs-prior/i8824--2021.pdf

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   Should I report a property exchange on form 8824?

   • Don't report it on Form 8824. Instead, you should report the disposition of the property given up as if the exchange had been a sale. See section 1031(f)(4).

   2021 Instructions for Form 8824 - Internal Revenue Service

   www.irs.gov/pub/irs-prior/i8824--2021.pdf

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2. www.irs.gov › pub › irs-prior2020 Instructions for Form 8824 - Internal Revenue Service

   www.irs.gov › pub › irs-prior

   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. Form 8824 figures the amount of gain deferred as a result of a like-kind exchange. Part III computes the amount of gain required to be reported on the tax return in the current

   • Instructions for Form 8824

     For the latest information about developments related to...

   • 2021 Form 8824

     Form. 8824. Department of the Treasury Internal Revenue...

   • About Form 8824, Like-Kind Exchanges

     Information about Form 8824, Like-Kind Exchanges, including...

3. www.irs.gov › pub › irs-prior2021 Instructions for Form 8824 - Internal Revenue Service

   www.irs.gov › pub › irs-prior

   Include your name and identifying number at the top of each page of the statement. On the summary Form 8824, enter only your name and identifying number, “Summary” on line 1, the total recognized gain from all exchanges on line 23, and the total basis of all like-kind property received on line 25. Cat. No. 12597K.

   • File Size: 173KB

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4. turbotax.intuit.com › tax-tips › investments-andWhat is IRS Form 8824: Like-Kind Exchange - TurboTax

   turbotax.intuit.com › tax-tips › investments-and

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   Oct 19, 2023 · The Internal Revenue Service (IRS) uses Form 8824 for like-kind exchanges. TABLE OF CONTENTS. What happens in an exchange? Allowable exchanges. Exclusions and deadlines. What happens in an exchange? A like-kind exchange doesn't eliminate taxes; it just pushes them into the future.

5. www.roberthalltaxes.com › blog › newsMastering Form 8824: The Complete Guide to Like-Kind ...

   www.roberthalltaxes.com › blog › news

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   Jun 13, 2023 · Filling Out Form 8824: A Step-by-Step Process. Part I: Information About the Like-Kind Exchange. Line 1: Describe the property you gave up and the like-kind property you received. Line 2: Enter the date the property was transferred and the date you acquired the replacement property.