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Line 32 from Asset Entry Worksheet is not carrying correct amount over to Form 4797 line 6
I sold residential rental property. There seems to be a discrepancy between the amount of gain calculated on Line 31 and 32 of the Asset Entry Worksheet ($241,028 - which I agree is the correct amount) carrying over to Part III, line 6 of Form 4797 (which shows $287,900 as the gain). Is there a glitch in my program? If not, please explain. Thank you!
March 21, 2022
2:17 PM