- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
A few comments:
- This is a brand new form, so I am sure there will be issues in completing this form for the next year or so.
- Appears you have read the instructions, at least for line 8a. Are you required to complete this form?
- There could be situations where it is not required; albeit only a few. If this is the case, at least you can move forward this year.
- Having said that, this form provides the taxpayer a consistent format to maintain their tax basis. Whether this form is completed within TT when required, or outside of TT if not required, I still believe it is best to complete it.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
March 19, 2022
7:25 AM