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Cedar Rapids Iowa online Form 8824: What You Should Know

For example, line 3 of Form 8824 would report the “like-kind” exchanges of automobiles as well as property to which the same or similar characteristics also apply. It may also include examples of property that is of a non-like kind. Aug 11, 2023 — If you are a business, a corporation, or certain other persons, you may also file a Schedule K-1 with this form in lieu of Parts I, II, and III of Form 8824. The Schedule K-1 forms part of your self-employment income tax return. See IRS Publication 513, Business Profits, for additional information.

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