form 8824 Question

[as9405]

Any one?

I sold a property on 11/15/2018 and with exchange money hold with an exchange company. New property was identified on 12/28/2018 and purchased on 3/4/2019.  I met 45 days identification and 6 months purchase requirement. 

When I did my 2018 tax, I did mention the older property was exchanged when I was working on that particular property under sale of a property section.  But when I checked my 2018 tax, I don't see form 8824, so I probably did not submit it or may have deleted it by accident. 

I don't think I can submit exchange info on 2019 Tax since the exchange was initiated in 2018. 

So what are my options now? Can I just do amendment for 2018 and submit 8824?  I should have no impact on the tax amount due since I can clearly see I did report the property was relinquished as an exchange.

Any opinion would be appreciated.

Amal Shrestha

[Anonymous_ · Accepted solution]

I would highly recommend that you consult, in person, with a tax professional at this point.

Regardless, you should have reported the transaction in the tax year during which the relinquished property was transferred.

That tax year appears to be 2018 from your post so the 8824 should have been filed for the 2018 tax year (which year you can still amend, but professional tax guidance is still recommended).