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repstein
New Member

how do you put in deferred gain from prior yr if this is the first yr i am using turbo tax

the deferred gain line item from prior yr shows on the depreciation and amort report
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1 Reply
PatriciaV
Employee Tax Expert

how do you put in deferred gain from prior yr if this is the first yr i am using turbo tax

You will need to enter the Like-Kind Section 1031 exchange information in order to include the deferred gain. See this article for additional help: Where do I enter a like-kind or Section 1031 exchange (Form 8824)?

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