Terry53029
Level 14
03-08-2020
08:59 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
When you are deferring the gain you don't use schedule D, as you are not going to pay the capital gain, but are deferring it. That is what the 8997 is for, as that is the form you and the IRS keeps track of the gain you reported that will be deferred