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MoAnn
New Member

Deferred gains entry

Did 1031 exchange on property (A) to purchase property (B) and deferred capital gain of $10,000. Sold property (B). Where do I enter the original deferred gain of $10.000?

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5 Replies

Deferred gains entry

 
MoAnn
New Member

Deferred gains entry

Not quite the answer that I was looking for. After I input all of the information on the sale of Property (B) Form 4797 was generated. Do I add the 10,000 to gross sales on  line 20?

Deferred gains entry

 

Deferred gains entry

 

Deferred gains entry

 
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