☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Apr 1, 2022 11:22:16 AM

California form 3840

Will Turbotax fill out California form 3840 based on the two 8824 forms as completed in my return?

Or do I have to fill out the form and add it to the California return so it can be filed with my return through Turbotax?

Or mail the California return?

 

Thank You 

1 3 2192
1 Best answer
Employee Tax Expert
Apr 4, 2022 2:28:47 PM

@CEM05 & @will2020tax  TurboTax will complete form 3840 using the information you have already entered for the exchange in your federal return.  As always please review this information before filing.

3 Replies
Level 1
Apr 2, 2022 6:18:25 PM

Same question here. I completed the forms necessary for the like-kind exchange on the federal portion. Now I see per the CA FTB website I need to file California form 3840. Won't Turbotax automatically complete this form for me?

Employee Tax Expert
Apr 4, 2022 2:28:47 PM

@CEM05 & @will2020tax  TurboTax will complete form 3840 using the information you have already entered for the exchange in your federal return.  As always please review this information before filing.

Level 2
Oct 3, 2022 5:34:37 PM

In 2021 I did a 1031 exchange of a rental property (from a property in California to a property in Georgia).

I am doing my 2021 taxes, using TurboTax Home & Business.

In my California state taxes: Turbotax generated form 8824 (california copy), but it did not generate form FTB 3840 ! I went through the final review and it's ready for filing. What should I do to create this form?