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Get your taxes done using TurboTax
@DaveF1006 , I tried this , but it seems when I try to create multiple sheets like this that it seems to be reading it as though instead of selling one house for $600K I sold 4 houses for $600K. Each form seems to be positioned to be specific to a separate piece of relinquished property, rather than received property. What am I missing? Do I need to subtract the amount covered by the first property on the 2nd form?
For example is the relinquished property is $600K and the fiorst replacement property is $200K do I approach the 2nd form with the relinquished property being $400K? Seems like that would not be the case, but when I create multiple forms it seems to be handling it as 4 different houses relinquished at $600K.
March 23, 2022
3:08 PM