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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
‎October 9, 2021
7:31 PM