I have the same question for the "UNADJUSTED BASIS OF ASSETS".
I see where the Ordinary Income goes.... after you check the BOX in Business Income.
5 Boxes opens up for where you can enter the following: Ordinary business income; Rental income, Royalty income; Other income; and Total ordinary Form 4797 gain/(loss) include above.
But I have not found anything that would match up with "Unadjusted Basis of Assets", unless it goes under a different name.
Have you been able to figure this out or has anyone given you an answer for this??
Any help would be greatly appreciated.
Thank you!
***update*** I was looking over the various answers again and I noticed that the "UBIA OF QUAILIFED PROPERTY" BOX was checked.
Is this where the "Unadjusted Basis of Assets" is ENTERED?
