In order to delete Form 4797, you first have to remove the "trigger" for the form
To do this, review your assets for the business and remove any information about the sale:
- Click Income and Expenses and then click the Start/Revisit box in the Self-Employment section.
- On the Your 2020 self-employed work summary screen, click Edit next to your business.
- You will be on the Here's your [business] info screen.
- Click the Edit box next to Assets.
- On the screen, Do you want to go directly to your asset summary mark the Yes radio button and click Continue.
- If you know which asset may have been marked as sold, go to that asset. Otherwise open each asset.
- Open each asset, and on the screen, Did You Stop Using This Asset in 2020? Click the No box
- Continue through the screens until you come back to the asset summary.
- Continue with all your assets.
This should removed Form 4797 from your return automatically. To check, or if you still need to delete he form, please follow these steps:
TurboTax Online
- While in your return, click on Tax Tools > Tools (in the black bar at the side of your screen).
- Under "Other helpful links" click on Delete a form. Click Delete next to the appropriate form or schedule and follow the onscreen instructions. Once you have finished deleting the desired form(s) click the Continue with My Return box (in the lower right of your screen).
TurboTax CD/Dowload
- Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar. In the Forms in My Return list on the left, click on the form you wish to open and delete. Click on the Delete Form box at the bottom of the screen.
- To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.
@Hoop
