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It depends on what Type of property it is and whether it was a gain or loss. The Type is determined by how you entered it on the Asset Entry Wks.
See the chart of where to report the sale of business property on page 1 of the Form 4797 instructions:
https://www.irs.gov/pub/irs-pdf/i4797.pdf
It depends on what Type of property it is and whether it was a gain or loss. The Type is determined by how you entered it on the Asset Entry Wks.
See the chart of where to report the sale of business property on page 1 of the Form 4797 instructions:
https://www.irs.gov/pub/irs-pdf/i4797.pdf
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