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. Form 8824 figures the amount of gain deferred as a result of a like-kind exchange. Part III computes the amount of gain required
Mar 03, 2022 · 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.
IRS Form 8824, the 1031 Exchange form, is where you report your Section 1031 Exchange – Delayed, Reverse, or Construction. The Form 8824 is due at the end of the tax year in which you began the transaction, as per the Form 8824 Instructions.
1 of the IRS Instructions for Form 8824 on multi-asset exchanges and reporting of multi-asset exchanges. D. Realized Gain, Recognized Gain and Basis of Like-Kind Property Received. This is the primary purpose of Part III and IRS Form 8824. To complete Part III, starting with Line 15, requires the use of our blank Worksheet (included).
Apr 02, 2020 · Cx did 1031 exchange through intermediary and I want to prepare 8824. I have reviewed the Proseries article "1040: Completing a Like-Kind Exchange of Business P ...