Thank you gdstuart1 for the reminder. I agree with you about "TT memory gap" if a local CPA does my 2021 return.
By the same token I also wondered about whether I'd run into "TT memory gap" next year due to blank SUMMARY 8824. I use the desk top TT which allows an empty 8824 but doesn't allow me to enter the "sum of deferred gain" (line 24) or the "sum of new cost basis" (line 25). I plan the print the SUMMARY 8824 then manually write these to line 24 and line 25.
I wish TT would support entering a meaningful SUMMARY 8824 and provide 8824 worksheet/statement capability so one can enter all the raw numbers for each statement in TT (so no need to use excel sheet outside TT). eFile has been super convenient. Really hope TT in the future will have capability to eFile a return involving SUMMAY 8824 with individual 8824 Statement for each like-kind property to account for situations where a 1031 like-kind exchange includes more than one relinquished or more than one replacement properties are included.
Again I appreciate all the time and advice sharing, from all of you!
Have a great day,
Lily
