Thank you Robert for helping me there. I have the figures from your statements, but I don't know where to enter them.
Per your 1st statement, is the Sales price of the 2017 also the Basis? Is there depreciation in 2019 I need to add in, since it was used until October?
In TT for the 2017:
Sales Price? (I entered the calc of your 1st statement)
Expense of Sale $0
Basis for gain/loss? (again I entered the calc of your 1st statement)
Basis for AMT (TT enters the gain above)
TT states the gain on sale is the sales price, and TT adds the entire amount as Fed Tax Due.
Once I enter the 2017 correctly, I will move to the 2019.
Thank you again.
