topic form 4797 not calculating correctly? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/form-4797-not-calculating-correctly/01/3408322#M1256489 sales price of rental property 320,000, cost 280,000, selling costs16,901. depreciation 16,000. gain should be 39,019 turbotax calcs 96,000 Thu, 12 Feb 2026 04:18:56 GMT rohnnk 2026-02-12T04:18:56Z form 4797 not calculating correctly? https://ttlc.intuit.com/community/taxes/discussion/form-4797-not-calculating-correctly/01/3408322#M1256489 sales price of rental property 320,000, cost 280,000, selling costs16,901. depreciation 16,000. gain should be 39,019 turbotax calcs 96,000 Thu, 12 Feb 2026 04:18:56 GMT https://ttlc.intuit.com/community/taxes/discussion/form-4797-not-calculating-correctly/01/3408322#M1256489 rohnnk 2026-02-12T04:18:56Z