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trouble with entering the sale of sold residential rental property
I have major issue entering my 4797 information via the interview part. I don't know whether I have to do the information in the assets section for depreciation or "any other property sale section". It is very confusing. I get incorrect 2 forms of 4797 page 2!! I have sold this 10 year olds residential rental property. Should I show the land sale seperate form the building( section 1250)?? I get totally incorrect numbers in the AMT section.I need to override
the numbers and because of hat I can't do electronic foiling? What is going on with turbotax and 4797 form input???
‎June 11, 2023
1:20 PM