Applying separate passenger auto limits when electing out of Reg. 1.168(I)-6

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To apply separate passenger auto limits when electing out of Reg. 1.168(I)-6, perform the following steps.

  1. In the Asset List window, choose Setup > Options and click the Calculation tab.

    Note: The Calculation tab is available in the Options dialog only when it is opened from the Asset List window.

  2. Mark the Apply separate passenger auto limits when electing out of Reg. 1.168(I)-6 checkbox.

    Note: This setting applies only to like-kind exchanges that are entered after marking the checkbox.

  3. Click OK to close the Options dialog.

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