If you sold property according to a certificate of divestiture issued by the Office of Government Ethics (OGE) or the Judicial Conference of the United States (or its designee) and purchase replacement property, you can defer part of all of the tax on any realized gains.
Go to this section in Credit Karma Tax: Conflict of Interest Sales
Generally, you’ll use Form 8824 to report conflict-of-interest sales. Credit Karma Tax will generate Form 8824 and include it in your federal tax return based on the information you provide.
Comments
0 comments
Article is closed for comments.