KMACK
Level 4
‎12-07-2019 03:34 AM
 
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abctax55
Level 15
‎12-07-2019 03:34 AM

2018 ?

You don't.  TCJA - 2017 did away with § 1031s for everything except real property.

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TaxGuyBill
Level 15
‎12-07-2019 03:34 AM
And if your State still allows it, that would be done on the State return.
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abctax55
Level 15
‎12-07-2019 03:34 AM
:+1:
I'd be sorely tempted to just opt out at the state level.
"*******Tax software is no substitute for a professional tax preparer*******
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TaxGuyBill
Level 15
‎12-07-2019 03:34 AM
Minnesota still allows 1031 exchanges ... and for some reason none of my clients have "traded in" their vehicles this year.   :wink::wink:
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abctax55
Level 15
‎12-07-2019 03:34 AM
I like your style...
"*******Tax software is no substitute for a professional tax preparer*******
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KMACK
Level 4
‎12-07-2019 03:34 AM
Thank you so much!  I was driving myself crazy trying to figure out why Line 53 on the auto worksheet no longer linked to Form 8824.
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