Investors & landlords

Yes, you must file Form 8824.  Use the instructions provided above (and below for your convenience).  Also use the link to see when that form is available.

• Where do you enter a like-kind  or Section 1031 exchange?
• When will federal forms be available? (Form 8824 will be ready on 2/24/2022 likely waiting on the IRS to finalize since it is still in draft form)

When you are signed into your TurboTax Online Account you can follow the steps below:

1. Under Wages and Income scroll to 'Other Business Situations' > Select Show More > Start Sale of Business Property
2. Check the box next to Any additional like-kind exchanges (section 1031) > Continue
3. Follow each screen to make your entries > Your Form 8824 will be completed for you based on your entries
4. See the images below for assistance