Is the IRS Form 8824 really that difficult?
Frankly, yes. While the concept is simple–buy for equal or greater and defer your taxes–the terms used in the Form 8824 are often ambiguous. We really had to delve into the directions the IRS provides to ensure that the proper questions lead to the right input. Of course, the form is dependent on your input! It is important that you read each “help” screen associated with the question.
