Business & farm

you have not provided enough info. we do not know what you sold or whether any depreciation was taken (or should have been taken)  on it wether the buyer assumed any debt on the sale. we can not see your return. review forms 6252 and 4797 because that's where the taxable amounts would be calculated based on your entries.

 

 

if it's not depreciable b would be the correct answer.