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Level 2
January 30, 2022
Question

TurboTax Business

  • January 30, 2022
  • 1 reply
  • 11 views

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

1 reply

Level 15
January 30, 2022

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?

rstuppAuthor
Level 2
January 30, 2022

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

rstuppAuthor
Level 2
January 30, 2022

I have done that step by step