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Get your taxes done using TurboTax
Here is a link for reporting the 1031 exchange in TurboTax.
You must adjust for the depreciation of the new rental when you enter the new rental, TurboTax does not compute that for you.
No, you will not enter the 1099-S.
@Sarah881
[Edited 2/21/2025 I 10:30am PST]
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‎February 19, 2025
2:20 PM