WebDec 1, 2024 · 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 … WebForm 8824 Like-Kind Exchange Form 8829 Expenses for Business Use of Your Home Form 8834 Qualified Electric Vehicle Credit Form 8839 Qualified Adoption Expenses Form 8853 Archer MSAs and Long-Term Care Insurance Contracts Form 8857 Request for Innocent Spouse Relief Form 8859 Carryforward of the District of Columbia First-Time …
Form 8824 - Like-Kind Exchange - taxact.com
WebOn the worksheet Form 8824 for the part of the property used for business or investment, follow steps (1) through (3) above only if you can exclude at least part of any gain from the exchange of that part of the property; otherwise, complete the … WebCompleting Form 8824 WHEN TO FILE This form must be included with your tax return for the tax year in which a relinquished property was trans-ferred (given up). Generally, the … small wooden buddha statue
Reporting the Like-Kind Exchange of Real Estate Using IRS …
WebExchanger would file IRS Form 8824 with 2011 return, after filing an on-time request for an extension. 2. HOW DO WE REPORT THE EXCHANGE? The Exchange is reported on IRS Form 8824, Like-Kind Exchanges. The Form 8824 is divided into four parts: Part I. Information on the Like-Kind Exchange Part II. Related Party Exchange Information Part III. WebWorkSheets 7 & 8 - Calculation of Form 8824, Line 15 - Calculation of Basis of New Property for Form 8824, Line 18 WorkSheets 9 & 10 - Completing Form 8824 - … Web- Calculation of Form 8824, Line 15 - Calculation of Basis of New Property for Form 8824, Line 18 WorkSheets 9 & 10 - Completing Form 8824 - Calculation of Recapture for Form 8824, Line 21 You can either keep or shred completed WorkSheets. Do not send these WorkSheets with your tax return. SEND: IRS Form 8824 - Page 1 IRS Form 8824 - … hikvision ptz commands