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1. accountants.intuit.com › support › en-usEntering Form 8824, Like-Kind Exchanges in the Schedule D ...

   accountants.intuit.com › support › en-us

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   You can enter Form 8824 in either the Schedule D screen or Depreciation screen in ProConnect. These steps will walk you through the input in the Schedule D, or Dispositions, screen. If the assets given up in the exchange are already entered in the Depreciation screen, follow the instructions in this article instead.

2. www.1031.us › library › irs-form-8824IRS Form 8824 - 1031

   www.1031.us › library › irs-form-8824

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   A 1031 exchange is reported on IRS Form 8824 along with the normal tax return only when the exchange is completed. The completed exchange is reported for the tax year the initial relinquished property (the property being sold) is settled and the 180 day exchange period is started. If the final replacement property is transferred in the next ...

3. www.irs.gov › pub › irs-prior2017 Instructions for Form 8824 - Internal Revenue Service

   www.irs.gov › pub › irs-prior

   Fill out Form 8824 according to its instructions, with these exceptions: Subtract line 18 from line 17. Enter that result on line 19. On the dotted line next to line 19, enter “Section 121 exclusion” and the amount of the exclusion. On line 20, enter the smaller of: Line 15 minus the exclusion, or. Line 19.

4. www.youtube.com › watchWebinar preview: Completing Form 8824 - Like-Kind Exchanges

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   Aug 10, 2021 · NATP webinar instructor Les Marti, EA, explains the details of the upcoming webinar Completing Form 8824 - Like-Kind Exchanges, and who would benefit from at...

   • Video Duration: 1 min
   • Views: 2.9K

   • Author: National Association of Tax Professionals (NATP)

5. www.accruit.com › blog › reporting-1031-exchange-irsUnderstanding Form 8824 1031 Exchange | Accruit

   www.accruit.com › blog › reporting-1031-exchange-irs

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   Nov 12, 2020 · Titled, “ Like-Kind Exchanges (and section 1043 conflict-of-interest sales)," Form 8824 serves two primary purposes: To allow business owners to report the deferral of gains through Section 1031 tax deferred exchange transactions. To allow certain members of the Federal Government to report the deferral of gain through conflict-of-interest sales.

6. www.financestrategists.com › tax › tax-planningReporting a 1031 Exchange on Tax Return | Steps and Tips

   www.financestrategists.com › tax › tax-planning

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   Sep 8, 2023 · Fill Out Form 8824. Filling out Form 8824 requires inputting basic information such as your name and identification number. Next, the properties' details and the exchange itself should be entered. Line items in this form will help you report the fair market value, cash received or paid, and the basis of the properties.

7. www.irs.gov › pub › irs-pdf2023 Form 8824 - Internal Revenue Service

   www.irs.gov › pub › irs-pdf

   Form 8824 and completing line 12, 15, or 25, see the instructions for important information regarding a separate statement you must attach. • If you transferred and received (a)more than one group of like-kind properties, or (b cash or other (not like-kind) property, see Reporting of multi-asset exchanges in the instructions. Note: