1031 Math and the 8824 Class Sponsored by Virginia Society of Enrolled Agents

IRS form 8824 can be challenging to complete. This presentation will cover the logic and basic calculations for completing form 8824. The figures you will need to gather to complete the form, completing the form, and then the corresponding connected forms to complete if there is any “boot.” This will also cover the new basis in the replacement property(ies).

Learning Objectives:
– Understand 1031 math
– Including Replacement Value, Cash Reinvestment, and Basis carry forward
– Logic of what is needed to complete the 8824
– Understand how the Replacement property is treated after the Exchange

Participants earn up to 1.0 CE/CPE credits.

Field of Study: Federal Tax Law Topics / Taxes

Pre-Requisites: Basic understanding of 1031 exchanges process

Who Should Attend: CPAs, EAs, and other Tax Professionals

Register at: https://www.bigmarker.com/vasea/VASEA-Webinar-Completing-the-8824-1031-Exchange-Form?utm_bmcr_source=WildApricot