turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to enter excess depreciation on rental property being sold in 1031 Exchange on form 4797 Part III Line 26?

Having a difficult time figuring out how to enter excess depreciation that was claimed on rental property that is now being sold in a 1031 Exchange.  It appears it needs to manually be entered on form 4797 Part III Line 26 (for assets that ARE related to a business activity) but Turbotax doesn't let you open that QuickZoom form when in Forms Mode?  When trying to do this it states "create new copy" but clicking "Add Form" doesn't do it.  Thank you in advance for any advice you can give.

 

 

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question