Form 4797 - Sale of a business property - how to enter the aquired date as inherited to avoid short term capital gains on the sale of the home?

[rodgerlach]

Home was inherited in Dec 2022.
Put in service Jan 2023.
Removed from service and sold end of July 2023.

[PatriciaV]

According to IRS Pub 544, Inherited Property: "If you inherit property, you are considered to have held the property longer than 1 year, regardless of how long you actually held it." 

For this reason, you may enter an earlier acquisition date that makes the sale long-term.