Pat286
Level 2
 
0 Cheers
abctax55
Level 15

F 8949, Sch D, maybe F 4797... 

The real question is whether the loss is 'deductible'.

NMI

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
IRonMaN
Level 15

Bought a home in January and sold it in May to his son.  Sounds like the sale of personal property and isn't deductible.  


Slava Ukraini!
Pat286
Level 2

This type of loss is not deductible.  I wanted to know where to reflect this correctly on Pro Series.

0 Cheers
IRonMaN
Level 15

Schedule D - click the code showing personal loss in the "transaction type" box.


Slava Ukraini!