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Level 2
posted Jan 23, 2020 11:09:40 AM

SUpport statement addition errors

The supporting statement for an in kind exchange (Form 8824)  does not add to the correct number...its off by 34,000.  I need to use the support statement since it has 14 entries to create the correct total.

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1 Replies
Expert Alumni
Jan 23, 2020 1:37:47 PM

The supporting schedule I entered in my TurboTax Download/CD version added correctly for 14 items.

 

Check the numbers you entered, and also check that the supporting document from which you got those numbers is added correctly.

 

If all the entries are correct, and you've verified the total, the next thing to do is "Remove" that supporting schedule and re-enter it.