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Form 8824 Texas: What You Should Know

Completed and entered on the form (at least 4 pages) May 31, 2024 — Like-kind exchanges must be entered on this form within 60 days of the first date that the property is relinquished and sold. June 30, 2024 — For property held for five years or longer, like-kind exchanges must be entered on this form by June 30, 2022.  Part IV. Exceptions to the Like-Kind Exchanges Reporting You should not need to complete this form if it is completed for you. For further discussion of exceptions, see the instructions. You may have an exception to enter on Form 8824 : You can enter an exception on Form 8824 if the property was sold immediately before the transaction (including some exceptions for a prior year), the property is held by a trustee for life, you're not required to file a separate return, or you don't have to pay taxes until a specific future date. IRS Form 8824 — Asset Preservation, Inc. Jan 20, 2024 — In this situation, see instructions for part IV, Exception. Form 8824.

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