Business & farm

I assume you are talking about lines 1- 3 on the 2019 4797?

There is no gain - only a -44 loss.

This loss is coming from Box 10 on the K-1

So I still have the same question:

I also have a loss in Box 10 (net section 1231) of the 2020 K-1 (-92).

So - do I need Form 4797?

 

Thanks again