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Business & farm
I reported it under "Sale of Business Property" and under Rental Properties and Royalties (Sch E).
Under sale of business property it asks for gross proceeds that I don't know what it is.
Under rental I check a box for sold property, and it then asks some questions. I answer to the questions that I only had it rented for a year but it still shows all the gain as income. Not sure where I am doing it wrong
March 30, 2021
8:24 PM