Chrisbry Posted March 14, 2008 Report Share Posted March 14, 2008 NEVER MIND. Not enough coffee. I don't do enough of the 1031 Exchanges to remember ..... Is the calculated gain shown on Form 4797? If so -- when I select the Like-Kind Exchange from the ASSET, why does it NOT defer the gain but put it to 4797 and then 1040 and it is taxable. I've got the 8824 finished. So something doesn't seem right or I haven't had enough coffee this morning. Quote Link to comment Share on other sites More sharing options...
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