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How do I capture the small business Section 1244 C Corporation Dissolution stock loss against my income?

How do I edit or delete sale of business property (Form 4797)?

  1. Open or continue your return, search for sale of business property (use this exact phrase; copy/paste if necessary) and then select the Jump to link at the top of your search results.
  2. On the Any Other Property Sales? screen, make sure the first checkbox is checked and Continue to the next screen.
  3. The next screen, Sale of Business or Rental Property, should display Edit and Delete buttons next to the property in question.
  4. Select the appropriate button and follow the onscreen instructions to either edit or delete the 4797.

@eriksteeb

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