How do I import my completed 8824 tax form into TurboTax Business?

Hello All,

When two or more like kind properties are exchanged for one acquired property, the IRS requires three 8824 forms. First two report each relinquished property separately. The third (as the IRS states) should be a summary 8824. I was told that TurboTax can not support all three forms. It was suggested that I hand fill out the third 8824 form. How do import this third form into desktop, TurboTax Business?

Thanks,

Erik

659

Level 15

Feb 22, 2023 9:25:49 AM

You cannot import any forms into TurboTax Business; the program does not support that function.

You will have to prepare the form(s) using Forms Mode in the program, as well as a summary statement.

See https://www.irs.gov/instructions/i8824#en_US_2022_publink12597kd0e117

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How do I import my completed 8824 tax form into TurboTax Business?