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Level 1
posted Mar 23, 2021 6:25:19 AM

How do I enter a reverse 1031?

I entered all my information and the program says my dates are out of range.  It thinks I am doing a straight 1031rather than a reverse exchange.

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2 Replies
Level 15
Mar 23, 2021 7:20:47 AM

What were the exact dates you entered into the program?

 

Note that the date the replacement property was identified cannot be later than the date it was received.

Level 1
Mar 23, 2021 7:51:30 AM

Thank you!!! just checked my dates and had entered a date of 2020 rather than 2019.  Problem solved and reran error check and all is good now.  Thank you for the quick answer!!!