turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Cannot delete sale of business property...

I incorrectly entered the sale of my home as business property... now I cannot delete it. Every time I try to go in and edit it the screen just goes back to my income summary page... I have tried deleting the forms among many other things that have been recommended in these threads, but still no luck. How do I fix this??

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

11 Replies
RayW7
Expert Alumni

Cannot delete sale of business property...

How to edit or delete sale of business property (Form 4797)?

 

  1. Open or continue your return, search for sale of business property (use this exact phrase; copy/paste if necessary) and then select the Jump to link at the top of your search results.
  2. On the Any Other Property Sales? screen, make sure the first checkbox is checked and Continue to the next screen.
  3. The next screen, Sale of Business or Rental Property, should display Edit and Delete buttons next to the property in question.
  4. Select the appropriate button and follow the onscreen instructions to either edit or delete the 4797.

Related Information:

Cannot delete sale of business property...

Thank you- I have done this, but the only option in that list of properties is called 'Copy 1' and is just blank when I go in to edit it. If I delete it, nothing changes and the income from the gain still remains on the summary of my return... It really appears to be a glitch as far as I can tell because none of the suggestions I am able to find online seem to lead to any solutions here... 

ColeenD3
Expert Alumni

Cannot delete sale of business property...

You may be forced to clear your return.

 

As long as you haven't submitted payment, deducted the TurboTax fee from your refund, or registered, you can erase your return and start from scratch in TurboTax Online.

  1. Sign in and select a topic to continue your return.
  2. On the next screen, from the left-side menu, select Tax Tools, and then Clear & Start Over (select the menu icon in the upper-left corner if you don't see this menu).
  1. Answer Yes in the pop-up to confirm.

 

BGERRITSEN1
Returning Member

Cannot delete sale of business property...

I have the same issue as the other user, I cannot delete the Sale of Business Property form or the section, even using the customary instructions given.  Also, UNFORTUNATELY, I cannot clear and start over since I already when through the 'payment' process - my turbotax is free.  So, I WANT to start over, but cannot, and I can't seem to delete the form.  Any pro tips?

Cannot delete sale of business property...

doesnt work..you have 1 job 

Cannot delete sale of business property...

You will need to delete the rental of the business property first before you can delete the sale of it. Once you delete the rental aspect, it will automatically delete the sale of it. 

Cannot delete sale of business property...

Excellent! I tried for weeks to figure this out. Worked immediately! THANK YOU!!!!

Cannot delete sale of business property...

Go to the asset worksheet and delete the date of sale. I had the same problem and was looking at several replies and found this answer in an old reply and it worked for me!

jdp2102
Returning Member

Cannot delete sale of business property...

I went into the rental income section and deleted the part where I indicated that I sold the home. And that worked. I'm still struggling with the military extension of the capital gains tax though. Ugh.

CarissaM
Intuit Alumni

Cannot delete sale of business property...

If you are still having trouble, it would be best to follow the instructions here to contact us by phone so we can better assist you. @jdp2102

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
soto1833
New Member

Cannot delete sale of business property...

Thank you so much, deleted the date and sale and that fixed my problem.  Thank again for sharing!! 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question