topic If I have capital gains from the sale of business assets, do I record that gain on schedule 1 line 14 or on line 17? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/if-i-have-capital-gains-from-the-sale-of-business-assets-do-i-record-that-gain-on-schedule-1-line-14/01/392224#M14680 Tue, 04 Jun 2019 19:28:09 GMT lkk18finances 2019-06-04T19:28:09Z If I have capital gains from the sale of business assets, do I record that gain on schedule 1 line 14 or on line 17? https://ttlc.intuit.com/community/business-taxes/discussion/if-i-have-capital-gains-from-the-sale-of-business-assets-do-i-record-that-gain-on-schedule-1-line-14/01/392224#M14680 Tue, 04 Jun 2019 19:28:09 GMT https://ttlc.intuit.com/community/business-taxes/discussion/if-i-have-capital-gains-from-the-sale-of-business-assets-do-i-record-that-gain-on-schedule-1-line-14/01/392224#M14680 lkk18finances 2019-06-04T19:28:09Z Since they are business assets that were sold the gain fr... https://ttlc.intuit.com/community/business-taxes/discussion/since-they-are-business-assets-that-were-sold-the-gain-fr/01/392232#M14681 <P>Since they are business assets that were sold the gain from the sale is reported on <STRONG>Form 4797.&nbsp; </STRONG>This figure then flows to <STRONG>Schedule 1, line 4.</STRONG></P><P>&nbsp;</P><P>[Edited | 4/14/2020 |&nbsp; 11:05am PDT]</P> Tue, 14 Apr 2020 18:05:59 GMT https://ttlc.intuit.com/community/business-taxes/discussion/since-they-are-business-assets-that-were-sold-the-gain-fr/01/392232#M14681 IreneS 2020-04-14T18:05:59Z