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Level 1
September 10, 2023
Question

1031 Like Kind Exchange time period extended by Disaster but how do I override the error?

  • September 10, 2023
  • 2 replies
  • 28 views

When I enter the exchange date on Line 6 of the form 8824 worksheet, it creates an error that the date is beyond the 180 day limit.

However, the property was in a disaster area and I have the choice to extend the date because of choose either the General Postponement relief under Section 6 or the Alternative relief under Section 17 of Rev. Proc. 2018-58.  

How do I override the error on the worksheet?

This topic has been closed for replies.

2 replies

abctax55
Level 15
September 10, 2023

Is it a critical diagnostic that will prevent efiling?  

Can it be overridden?

Another example of Intuit declining to update the programing for those in disaster areas... despite the major impact.

Paging Jeff (@IRonMaN )

Paging Lisa (@Just-Lisa-Now ) 

(The @ linking isn't working right?)

@InuitGabiU

HumanKind... Be Both
Just-Lisa-Now-
Intuit Community Champion
September 10, 2023

I have no clue what the workaround for this is

@1569  any idea how this is supposed to work?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
abctax55
Level 15
September 10, 2023

Thanks, Lisa.   I can't get the tagging to work (I found a thread that had Jeff linked, and just copy/pasted)

HumanKind... Be Both
IRonMaN
Level 15
September 10, 2023

Personally, I would think about entering a date within the normal timeline and attach a note to the return saying what the actual date was but the software was too stupid to accept it.

Slava Ukraini!