pk
Level 15
Level 15

Investors & landlords

@hferrin701 , whereas I am not familiar with the screens of the  on-line versions,  for Windows download of  Home & Business, you select  "Business income" tab, then select "I will choose what I work on".  Then from the list of business incomes  select "sold  Rental property " --- now follow through the screens .  This will walk you through filling out the form 4797 --- see this  instructions  ---  2024 Instructions for Form 4797

 

Note that for this you will need a few items from your Schedule-E  and records :

Date of Purchase, Acquisition cost,  Cost of improvements over the years ,  Accumulated Depreciation, Any suspended losses etc. 

From your sales doc / 1099-S and/or HUD-1   you will need  Sales Price,  Sales Costs such as  Commission,  Title work costs, Transfer Tax etc.

From your records  you will need -- Any repairs/improvements etc. as part of sales Prep. cost  ( in addition to above sales costs. )

 

Is there more I can help you with ?