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Level 3
posted Apr 1, 2021 2:16:16 PM

1031 exchange form 8824 error - file amended return?

I discovered an error on the property basis calc on form 8824 filed in 2019.   Should I file an amended return?  It does not affect the tax of any entry on 1040 for 2019.

 

Form 1040-x would have no entries.

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1 Replies
Level 12
Apr 1, 2021 3:06:36 PM

If the calc error has an impact on your depreciation calc then you should amend.