huntertech
Returning Member

State tax filing

I assume the example shown is for the online version.

 

How would we do this in the downloaded MacOS version?

 

I properly completed the Federal 8824 showing the property given up and the new property acquired, along with the required dates and values.

 

Unfortunately TurboTax did not appear to fill out the PA 40-D properly.  It shows the property given up but also shows a "created" property simply labeled "Residential" with a bogus acquired date, the same sold date as the actual sold date of the given up property, no Price and a seemingly made up Cost .

 

I do not see how TurboTax indicated this was a like-kind (1031) exchange (both are rental properties).