If you've ever completed an exchange, you know how difficult it can be to complete the IRS 8824 Like Kind Exchange form. You may have searched high and low, tried unsuccessfully to use a couple worksheets and even read all the instructions in the IRS publication but still had difficulty figuring out the form and what goes where.
Well, we are here to help. Larry Jensen, 1031 Corporation's accounting professional with more than 25 years CPA partner experience and 18 years experience in the 1031 industry, has created an incredibly helpful 8824 worksheet that can assist you or your tax professional in preparing the Form 8824. You can find the form by clicking on that previous underlined link.
Of course if you have questions about the worksheet or a question about completing your like kind exchange reporting, feel free to give us a call at 888-367-1031. The phone call is free and the complimentary guidance he can provide might prove invaluable. Just remember to use 1031 Corporation Exchange Professionals next time....the instructions, worksheet and all your reporting requirements come neatly bound after your exchange is complete. Sure makes tax time a lot easier for you and your accounting professional!
Oh, one more thing....if you haven't already done so...tomorrow is not only Saturday, it's Valentine's Day....don't forget your honey. If you do forget, well...we can't help you out with that!
Thursday, February 12, 2009
IRS Form 8824 worksheet
Posted by David Wright at 11:33 AM
Labels: 1031 exchange, boot, capital gains tax, depreciation recapture, IRS
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1 comment:
It appears that the worksheet is password-protected.
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