1032 exchange input

[cdGurley]

I can not get back to the form where the price of the original exchanger property is entered. I found it once but can no longer find it to check my numbers.

Thanks

[AmyC]

Form 8824 should be what you are looking for. That is for the 1031 exchange.

First, enter the data for the 1031 Exchange.  This is done under FEDERAL TAXES... Wages & Income... Business Items... Sale of Business Property.  The first question is on "Any Other Property Sales?".  Check the box for like-kind exchanges.  Complete the questions in this section and TurboTax will:

1. Generate form 8824 for your like-kind exchange
2. Calculate the Deferred Gain.  This is presented after you answer the questions for the like-kind exchange.
3. Calculate your New Property Basis.  This is presented after it presents the Deferred Gain.  Write down the New Property Basis as you will need it later.

from a long thread on 1031