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rstupp
Returning Member

TurboTax Business

How can I enter the asset cost basis on line 21 oof pg. 2, form 4797?

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4 Replies

TurboTax Business

The entry on that Line gets there through Step-by-Step (the interview section) in Business assets or Rental assets.

 

Did you proceed through Step-by-Step?

 

Also, which type of return are you preparing?

rstupp
Returning Member

TurboTax Business

Not sure you understand that line 21 is populated from another form. I can’t just enter the number

rstupp
Returning Member

TurboTax Business

I have done that step by step

 

 

TurboTax Business

You can actually enter a figure directly on the form in Forms Mode.

 

If you need help, you will have to provide more details with respect to the transaction you are trying to enter.

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