Get Irs 8824 2025

Filling out the IRS Form 8824 is essential for reporting like-kind exchanges related to real property. This guide provides clear and detailed instructions on how users can navigate the form effectively online.

Follow the steps to complete your IRS 8824 form online.

1. Press the ‘Get Form’ button to retrieve the IRS 8824 online and open it for editing.
2. In Part I, fill in your identifying number and the name(s) shown on your tax return. Provide details about the like-kind property given up and received on lines 1 and 2, ensuring you only describe real property.
3. Record the important dates in lines 3 to 6: the date the property was acquired, the transfer date, the identification date of the received property, and the actual receipt date.
4. Indicate whether the exchange involved a related party by selecting 'Yes' or 'No' in line 7. Depending on your answer, complete the appropriate sections of Part II or III.
5. In Part II, fill in details about the related party, including their name, relationship to you, and their identifying number. Complete questions 9 and 10 regarding any sales or dispositions of like-kind property.
6. If applicable, check any exceptions in line 11 that might apply to your exchange and provide additional information if necessary.
7. Move to Part III, where you will need to provide figures for realized and recognized gain or loss. Complete lines 12 through 25, ensuring accurate calculations based on the exchange details.
8. If relevant to you, complete Part IV, which pertains to the deferral of gain from conflict-of-interest sales under section 1043.
9. Review all sections for accuracy, then save your changes. You can download, print, or share the completed form as needed.

Complete your IRS 8824 form online today and ensure your like-kind exchange is reported accurately.