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des779
Level 1
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  • Thanks for all of your help/answers and patience as you answered my questions! I believe I am ready to enter the K1 date. I already finished adjusting the 8949 ...
    des779
    Updated Apr 07, 2022
  • Thanks again! This isn't a question but it seems that the ordinary income gets added in twice - once to increase the basis and again of form 4797. Maybe it's be...
    des779
    2
    Updated Apr 07, 2022
  • Thanks Champ! Please bear with me as I want to better understand. As an examplePurchase Price $162,000 + Cumulative Adj -$130000 + Gain Subject to recapture as ...
    des779
    4
    Updated Apr 07, 2022
  • Thank you! On the sales worksheet their is a column labeled "Gain Subject to Recapture As Ordinary Income" which in my case is $60,000+. Is this the accumulated...
    des779
    6
    Updated Apr 07, 2022
  • Thanks! That's what I thought. We it comes to entering all of the data about the sale, is there someone I can talk too (pay if necessary) about that or is it be...
    des779
    Updated Apr 07, 2022
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