Form 3840 - Spidell

Form 3840

Log in to Post

Message Board Form 3840

This topic contains 1 reply, has 2 voices, and was last updated by Sandy Weiner 2 months, 1 week ago.

  • Author
  • #160992

    In 2000, taxpayer did a 1031 exchange from a CA property to an NV property.  Since the exchange occurred before the enactment of Form 3840 reporting requirement, the taxpayer did not file Form 3840.  In 2018, the NV property was exchanged to another NV property.  Is Form 3840 required in 2018?  It seems like the NV property to NV property doesn’t meet the 3840 reporting requirement but want to double check.

  • #161096
    Sandy Weiner

    You’re correct. The 3840 would not be required in this situation.