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Do you send tax form 4797 "Sale of Business Property" all by itself at any time during the year?
The business closed in 2021, but there is a small profit from the sale of some business property in 2022. Do you fill out form 4797 and state each item separately and what it sold for? Or can you just total the sales all together and report it that way (as one total)?
‎January 30, 2023
6:06 PM