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Business & farm
If this was a loss and you did not indicate that you are a material participant, the loss would be treated as a passive loss that is (suspended on Form 8582) not deductible on your return. In this situation Form 4797 is not generated. If you are not a material participant, this is likely the issue. If you are material, the box may not have been checked.
‎June 4, 2019
2:45 PM