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Form 8824 and K-1 Issues

I’m completing Form 8824 and I’m getting some odd review feedback.

1.  I didn’t indicate any Basis of Section 1250, 1245, 1252, 1254, or 1255 activity, but the review is requiring that enter these related fields.  How can I make Turbotax accept that I didn’t have any 1250 activity:

  - Basis Sec 1250 Received

  - Basis sec 1250 Received

 - Adj basis other property

 - Other Prop description

- Date other prop acq'd

 

In addition for Schedule K-1Wks-Partnerships, I had no disposition of interest in a partnership but am being forced to check Part II Line A when it’s not applicable.

 

Help!

 

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1 Reply
RobertB4444
Expert Alumni

Form 8824 and K-1 Issues

It thinks you have sold some property.  You can enter zeroes to make these go away but if you sold any property you may want to double check whether any of those sections do apply.  

 

 

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