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How do I handle a 1031 tax deferred real estate exchange in TurboTax?

 
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DavidD66
Expert Alumni

How do I handle a 1031 tax deferred real estate exchange in TurboTax?

To enter a 1031 Like Kind Exchange in TurboTax, while logged in to your return,

  • Type "Like Kind" in the Search Box
  • Click on "Jump to like kind"
  • On the screen with "Any Other Property Sales?" check "Any additional like-kind exchanges (section 1031)..."
  • Click on Continue
  • Continue through the interview to report your 1031 like-kind exchange
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